VWO - Asian Markets Higher Europe Trades In Green Following US Inflation Data - Global Markets Today While US Was Sleeping | Benzinga
On Wednesday, September 13, the U.S. markets ended mixed as investors reacted to higher-than-anticipated August inflation data.
The U.S. annual inflation rate climbed to 3.7%, surpassing the previous month's 3.2% and market expectations of 3.6%. Month-over-month, consumer prices rose by 0.6% in August, up from July's 0.2% growth.
Most S&P 500 sectors ended the day positively, with utilities and consumer discretionary stocks posting the largest gains. In contrast, energy, industrials, and real estate stocks finished lower.
The Dow Jones Industrial Average finished the day with a 0.20% dip, ending at 34,575.53. The S&P 500 experienced a 0.12% increase, closing at 4,467.44. Meanwhile, the Nasdaq Composite recorded a 0.29% rise, ending its ...