Stocks rise, dollar falls ahead of US inflation data

Stocks Rise Ahead of Inflation Data, Dollar Flattens

: Global stocks rose on Tuesday ahead of U.S. inflation data that could warrant an early end to the Fed’s rate hikes, the dollar retreated while China is expected to support growth helped boost oil and other commodity prices. On Wall Street, the Dow Jones Industrial Average rose 0.66% to $34,169.77, the S&P 500 rose … Read more

Stocks Rise Ahead of Inflation Data, Dollar Flattens

Stocks Rise Ahead of Inflation Data, Dollar Flattens

: Global stocks rose on Tuesday ahead of U.S. inflation data that could justify an early end to the Fed’s rate hikes, while the dollar remained largely unchanged while China saw economic growth thrive. Expectations of support boosted prices of commodities such as oil and copper. Markets will wait for Wednesday’s U.S. inflation data to … Read more