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Wall St rallies as July inflation data fuels Fed rate pause hopes
Aggregated Source: ChinaLegalBlog.com

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo

Summary

Companies Disney climbs after posting upbeat Q3 earnings

Capri jumps as Tapestry to buy it in $8.5 bln deal

July annual CPI at 3.2% vs estimates of 3.3%

Weekly jobless claims jump more than expected

Indexes up: Dow 0.95%, S&P 0.91%, Nasdaq 1.05%

Aug 10 (Reuters) – Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates unchanged next month.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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