VWO - Asian Markets Mixed Europe Trades Higher Influenced By ECB's Signal Of Ending Rate Hike Cycle - Global Markets Today While US Was Sleeping | Benzinga
On Thursday, September 14, U.S. markets ended higher; the Dow surged over 300 points, its biggest single-day gain in over five weeks.
The increase was driven by the strong performance of the U.S. consumer sector, supported by recent retail sales data.
August U.S. producer prices increased by 0.7%, surpassing the expected 0.4% rise. Retail sales also grew by 0.6%, following a revised 0.5% increase in July.
Initial jobless claims rose by 3,000 to 220,000 in the week ending September 9, slightly lower than market estimates of 225,000.
The Dow Jones Industrial Average finished the day 0.96% higher, ending at 34,907.11. The S&P 500 recorded a 0.84% increase, closing at 4,505.10. The Nasdaq ...