Dow Jumps Over 1%; US Inflation Holds at 3.4% In August
U.S. stocks rose Friday as inflation held at 3.4%; the Dow gained 550 points. Oil fell, European shares climbed and Asian markets declined.
Economy · News reference
Mental health represents a significant global healthcare opportunity, with more than 1 billion people globally1 living with a mental disorder and depression and anxiety alone estimated to cost the global economy
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
U.S. stocks rose Friday as inflation held at 3.4%; the Dow gained 550 points. Oil fell, European shares climbed and Asian markets declined.
U.S. stocks fell as August producer prices rose 5.4% year-over-year. Oil jumped 4%, while Asian and European markets were mixed to lower.
U.S. stocks rose mid-session, led by materials; factory orders beat estimates. Linkhome, Purple Biotech and GitLab surged, while Tscan and Credo fell.