NewsFeeder
05-10-2018, 09:50 PM
U.S. Stocks Climb as Inflation Fears, Volatility Ebb
U.S. stocks rose Thursday and market volatility continued to fade, as fears of runaway inflation abated to help send the Dow Jones Industrial Average higher for a sixth consecutive session. The Dow rose nearly 200 points to notch its longest winning streak since February after investors got another sign that inflation may be rising, but not so rapidly that the Federal Reserve would have to take aggressive actions to keep the economy from overheating. Meanwhile, the volatility that rocked the stock market this year and sent major indexes into correction territory has gradually faded, giving some money managers hope that stocks are gaining upward momentum.
https://finance.yahoo.com/m/80aee126-6818-3dfc-a925-d7b6ce7f3902/u.s.-stocks-climb-as.html?.tsrc=rss
U.S. stocks rose Thursday and market volatility continued to fade, as fears of runaway inflation abated to help send the Dow Jones Industrial Average higher for a sixth consecutive session. The Dow rose nearly 200 points to notch its longest winning streak since February after investors got another sign that inflation may be rising, but not so rapidly that the Federal Reserve would have to take aggressive actions to keep the economy from overheating. Meanwhile, the volatility that rocked the stock market this year and sent major indexes into correction territory has gradually faded, giving some money managers hope that stocks are gaining upward momentum.
https://finance.yahoo.com/m/80aee126-6818-3dfc-a925-d7b6ce7f3902/u.s.-stocks-climb-as.html?.tsrc=rss