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US major indices close solidly higher ahead of the CPI data tomorrow

US major indices close solidly higher ahead of the CPI data tomorrow

The major US indices are closing with solid gains led by the Dow Industrial Average which rose by over 500 points or 1.58% on the day. The NASDAQ index lagged but still closed higher with a gain of 1.26%..

The gains today, head of the key CPI data which were released at 8:30 AM tomorrow expectations for 0.3% for the headline and the core number. Year on year the headline numbers is expected to fall to 7.3% from 7.7%. The core is expected to dip to 6.1% from 6.3%.

The final numbers... Read More

Posted: Dec 12 2022, 21:09
Author Name: forexlive
Views: 092185

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