White House: There will likely not be an inflation report next month. Stocks trade higher

  • I guess they don't see government opening soon.
US SHUTDOWN

The White House is saying that there will likely not be an inflation report next month.

I guess they don't see the government opening soon.

For now the stock markets are cheering on the 3% inflation (when 3% is a good thing is when 3.1% was expected) and the shutdown.

  • Dow is up 216 point
  • S&P is up 42 points
  • Nasdaq is up 215 points.

Chips stocks are higher after Intel reported better than expected earnings.

  • Nvidia, +1.0%
  • AMD +3.51%
  • Broadcom +2.86%
  • Qualcom + 0.95%
  • Micron +2.97%
  • Intel +5.7%

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access