{"id":76571,"date":"2022-12-02T01:00:22","date_gmt":"2022-12-01T21:00:22","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=76571"},"modified":"2022-12-02T01:01:28","modified_gmt":"2022-12-01T21:01:28","slug":"dollar-falls-wall-street-mixed-ahead-of-nfp-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dollar-falls-wall-street-mixed-ahead-of-nfp-data\/12\/02\/market-updates\/","title":{"rendered":"Dollar Falls, Wall Street Mixed Ahead of NFP data"},"content":{"rendered":"\n<p>The performance of US shares is mixed on Thursday as a selloff in Salesforce impacted the Dow Jones, while traders are busy; digesting a fresh batch of US economic data which generally indicate that the Fed&#8217;s interest rate hikes are working towards their aspired target.<br><br>On Wednesday, US manufacturing activity shrank for the first time in 2-1\/2 years in November as higher borrowing costs weighed on demand for goods, data showed, evidence the Fed&#8217;s rate hikes have cooled the economy.. the S&amp;P 500 surged over 3% on optimism the Fed might moderate its rate hikes. <br><br>The personal consumption expenditures (PCE) price index rose 0.3%, the same as in September, and over the 12 months through October the index increased 6.0% after advancing 6.3% the prior month.<br><br>Excluding the volatile food and energy components, the PCE price index rose 0.2%, one-tenth less than expected, after gaining 0.5% in September.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The performance of US shares is mixed on Thursday as a selloff in Salesforce impacted the Dow Jones, while traders are busy; digesting a fresh batch of US economic data which generally indicate that the Fed&#8217;s interest rate hikes are working towards their aspired target.On Wednesday, US manufacturing activity shrank for the first time in &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61273,"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":[6885,6987,8143,8367,6862],"class_list":["post-76571","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-fed","tag-inflation","tag-interest-rate-hikes","tag-us-dollar","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76571","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=76571"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76571\/revisions"}],"predecessor-version":[{"id":76576,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76571\/revisions\/76576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61273"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=76571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=76571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=76571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}