NEW YORK (dpa-AFX) – US stock markets are expected to have stabilized after the recent decline on the back of renewed interest rate concerns opening Thursday. Investors were now awaiting the release of US producer prices on Friday. The point is to see how effective the US Federal Reserve’s recent tight monetary policy is in curbing inflation and whether it could be eased in the near future, he said.
About three-quarters of an hour before trading began, brokerage IG valued the Dow Jones Industrial
an increase of about 0.6 percent is expected. The new data on the US labor market had a positive impact on the indices before the market. Weekly initial jobless claims increased by 4,000 to 230,000, exactly in line with analysts’ expectations.
ExxonMobil stock
Apple
Ciena’s stock price soared 18% ahead of market. The telecom provider surprised investors with significantly better-than-feared fourth-quarter business results./edh/stw
ISIN US2605661048 US6311011026 US78378X1072
AXC0187 2022-12-08/14:57
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