Dow Jones falls more than 200 points, missing the post-PPI surge.
Dow Jones Performance and PPI Inflation Update Dow Jones fell on Wednesday despite a surprisingly positive PPI inflation report. As expectations for interest rate cuts grow, stocks seem to be inching higher. Gains after the PPI report appear mainly restricted to AI and tech sectors, while major companies have seen declines. The Dow Jones Industrial […]
Australian Dollar climbs as markets assess Trump’s remarks post-PPI – FXStreet
The Aussie is approaching nearly 0.6300 in softer USD. Risk sentiment fluctuates as potential mutual tariffs loom between China and the US. USD could not capitalize strong PPI data. The Australian Dollar (AUD) will acquire position against the US Dollar (USD) on Thursday. Despite these benefits, the risk-sensitive OUD has announced that US (US) President […]