{"id":46833,"date":"2021-06-10T19:06:56","date_gmt":"2021-06-10T15:06:56","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=46833"},"modified":"2021-06-10T19:06:58","modified_gmt":"2021-06-10T15:06:58","slug":"wall-street-rises-after-inflation-data-and-sp-500-hits-record-high","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/wall-street-rises-after-inflation-data-and-sp-500-hits-record-high\/06\/10\/market-updates\/","title":{"rendered":"Wall Street Rises After Inflation Data and S&#038;P 500 Hits Record High"},"content":{"rendered":"\n<p>The main indices of the New York Stock Exchange (NYSE) rose on Thursday in early trades, despite today\u2019s data showing a surge in inflation to its highest level since 2008, with the S&amp;P 500 index hitting a new record high.<\/p>\n\n\n\n<p>Wall Street investors are awaiting whether the 5% rise in consumer prices could lead to a change in the U.S. Federal Reserve\u2019s easing policies sooner than expected.<\/p>\n\n\n\n<p>It remains likely that the Fed will not rush into a change in its current policy and the historically low interest rates, as it expects the surge inflation to be temporary.<\/p>\n\n\n\n<p>The Dow Jones Industrial Average is up by about 55 points, or 0.16%, at 34,494.3 points.<\/p>\n\n\n\n<p>The S&amp;P 500 rose by 8.59 points, or 0.20%, to 4,227.28 points, after hitting a new record high earlier in the session above &nbsp;4,246 points.<\/p>\n\n\n\n<p>Meanwhile, the Nasdaq Composite Index increased by 24.57 points, or 0.18%, to 13,932.79 points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The main indices of the New York Stock Exchange (NYSE) rose on Thursday in early trades, despite today\u2019s data showing a surge in inflation to its highest level since 2008, with the S&amp;P 500 index hitting a new record high. Wall Street investors are awaiting whether the 5% rise in consumer prices could lead to &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6900,6862],"class_list":["post-46833","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-nyse","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=46833"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46833\/revisions"}],"predecessor-version":[{"id":46834,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46833\/revisions\/46834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32438"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=46833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}