World stocks at two-year high, US inflation data in focus
Monday, 12 February 2024 European stocks opened higher on Monday and world stocks were steady at their highest in more than two years, as investors waited for US inflation data due this week to give clues about when the US Federal Reserve might cut rates. The S&P 500 rose above 5,000 points for the first time ever last week, boosted by tech stocks, and world equities have risen for three weeks straight.
Economists Optimistic, After Stocks Hit, New Record.
NPR reports that the S&P 500 has risen
above 5,000 for the first time in history.
The broad-based U.S. index of the most-known companies around the globe opened over the
historic milestone at the opening bell on February 9. .
Investors are...
Monday, 12 February 2024
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