Wall St opens higher as technology stocks gain

Reuters | Jul 11, 2019 at 1:34 PM

U.S. stocks opened higher on Thursday, lifted by technology stocks, extending a rally from the prior session that was powered by Federal Reserve Chairman Jerome Powell’s comments that bolstered the case for an interest rate cut this month.

U.S. underlying inflation firming; labor market tightening

Reuters | Jul 11, 2019 at 1:22 PM

U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in the costs of a range of goods and services.

More sources
  • U.S. core CPI posts biggest gain in nearly 1-1/2 years (Reuters: Jul 11, 2019 at 12:30 PM)

Wall St set to open higher after rally on Powell’s dovish remarks

Reuters | Jul 11, 2019 at 1:10 PM

U.S. stocks were set to open higher on Thursday, with healthcare shares in focus, a day after Wall Street’s main indexes touched new highs as comments from Federal Reserve chairman Jerome Powell cemented the case for an interest rate cut this month.

Futures pare gains after inflation data

Reuters | Jul 11, 2019 at 12:38 PM

U.S. stock index futures pared gains on Thursday after U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June, dimming hopes for an aggressive interest cut by the Federal Reserve this month.

Europe stocks rally wanes on trade woes, earnings jitters

Reuters | Jul 11, 2019 at 12:29 PM

Europe’s early stocks rally faded and global bond yields rose after jitters over corporate earnings and trade doused an early rally fuelled by enthusiasm over Federal Reserve Chairman Jerome Powell cementing rate cut expectations.