Stocks scoot higher on low inflation numbers, but Boeing sinks after fatal Air India disaster

• The shares rose up modestly on Thursday As two days of low inflation readings and the conclusion of a round of talks between the United States and China, investors chanted. Boeing decreased after the crash of India. The 30 -year -old Treasury auction showed that investors still want US debt, despite deficit fears.

Investors chanted for two days of positive inflation data that sent shares modest on Thursday. The S&P has gained 0.38 %. Dow and Nasdak increased by 0.24 %. However, Boeing today ended nearly 5 % after the Dreamliner 787-8 plane participated in a tragic plane crash that killed more than 200 people.

The United States and China have concluded trade talks in London earlier this week, which are preparing to regain trade in critical minerals of the United States, and this rare land is used to manufacture advanced manufactures such as electronics and batteries.

Modern government data were also encouraging, which indicates that the economists of inflationary from customs tariffs have warned for months that have not yet been achieved. On Thursday, the product price index showed wholesale inflation in cold more than expected, a day after the consumer price index was similarly positive on consumer prices, indicating inflation at an annual rate of 2.4 %.

“On the second day in a row, inflation data came in less than expected, and this gives the Federal Reserve Chamber to sit at their hands.” “As long as inflation does not increase – or better, decreases – the Federal Reserve Bank can move patiently and wait for more information on how new definitions and commercial negotiations affect part of the price stability in its double mandate later this year.”

Bond proceeds fell. Bloomberg reported that Bloomberg was granted a 30 -year -old wardrobe on Thursday by 4.844 %.

The dollar continued to lose the land against a basket of currencies. To date this year, Greenback has lost about 9 % of its value, and has been trading in its lowest level in more than three years.

Gamestop decreased by 23 % after announcing that it plans to raise $ 1.75 billion of investors by issuing convertible bonds. Boeing lost 4.8 % after the crash of Dreamliner in Ahmedabad, India, killed 241 people.

This story was originally shown on Fortune.com

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2025-06-12 20:17:00