All You Need To Know Going Into Trade On Jan. 12


U.S. stocks rose with investors expecting a deceleration in key inflation data to be released on Jan. 12. Treasuries declined.

The S&P 500¬†climbed for a second straight session and Nasdaq 100 gained in the run-up to inflation data that may slower the pace of Federal Reserve’s interest rate hikes.

Elsewhere, oil rose as China’s crude consumption continues to increase. Gold rose and Bitcoin oscillated near $17,000.

Back home, Indian benchmark indices traded largely flat through Wednesday and ended marginally lower in trade.

The local currency closed 21 paise higher compared to Tuesday.



Leave a Reply

Your email address will not be published. Required fields are marked *