Bags today | Financial Diary

Wall Street stock indices closed with solid gains on Monday, a day before the release of US CPI data for January.

The Dow Jones finished up 1.11%, the S&P 500 added 1.15% and the technology Nasdaq 100 advanced 1.48%, following its first weekly loss of 2023.

A New York Federal Reserve consumer survey showed that one-year inflation expectations were little changed in January, which was “modestly reassuring” to Vital Knowledge’s Adam Crisafulli.

Federal Reserve Governor Michelle Bowman spoke at the American Banking Conference in Orlando. She announced that the central bank is far from its inflation target and she expects further interest rate hikes until price stability is felt to have been established.

In Santiago, the S&P IPSA closed with a drop of 0.49%, reaching 5,366.18 points. In the list of the largest decreases, the falls of CMPC stood out, with a decrease of 2.52%, Colbún, with a drop of 2.32%, and Copec, with a decrease of 2.02%.

The European stock markets closed meanwhile in an environment of reduced activity. The DAX rose 0.58%, the FTSE rose 0.58%, while the Eurostoxx 50 jumped 1.03%.

In the stock markets of the Asia region, the Japan’s Nikkei closed down 0.88%, while the Hang Seng Index lost 0.12%.

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