US stocks rise at market opening and after inflation data

US stocks rise at market opening and after inflation data
US stocks rise at market opening and after inflation data

US stock indices rose significantly at the opening of the session on Wednesday, supported by a slowdown in US inflation growth for July to 2.9%, which reinforced expectations that the start of the monetary easing cycle in the US is imminent, according to the following:

  • The S&P 500 rose 0.19% to 5,444.82 points.
  • The Nasdaq Composite index rose 45.47 points, or 0.26%, to 17,233.07.
  • The Dow Jones Industrial Average rose by 0.13% to 39,817.34 points.
  • It is worth noting that US stocks closed trading on Tuesday at strong rises in all benchmark
  • indices, as the DWhat stock should you buy in your next trade?
    The computing forces of artificial intelligence are changing the stock market. ProPicks from Investing.com are 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks’ AI identified two stocks that jumped more than 150%, 4 more that jumped more than 30%, and another 3 stocks that jumped more than 25%. What is the arrow with the next jump?ow Jones Industrial Average rose by 408.63 points, at the close of trading to reach the level of 39,765.64 points.

Meanwhile, the S&P 500 ended the last session, rising 1.68% to 5,434.43 points, and the NASDAQ Composite jumped almost 2.43%, to 17,187.61 points.

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What stock should you buy in your next trade?

The computing forces of artificial intelligence are changing the stock market. ProPicks from Investing.com are 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks’ AI identified two stocks that jumped more than 150%, 4 more that jumped more than 30%, and another 3 stocks that jumped more than 25%. What is the arrow with the next jump?

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