Market Pulse - Usa
US open: Stocks rally as CPI cools more than expected
Wall Street stocks opened sharply higher on Thursday after October's consumer price index fell more than expected and Treasury yields tumbled amid hopes that inflation may be peaking.
US initial jobless claims rise by 7,000
First-time jobless claims rose by 7,000 in the week ended 5 November, according to the Labor Department, with the advance figure for seasonally adjusted initial claims hitting 225,000.
US pre-open: Stocks trade higher ahead of CPI, midterm results
Wall Street futures were in the green ahead of the bell on Thursday as investors remained focussed on tightly contested Senate races in several states and awaited the publication of October's consumer price index later on in the morning.
US close: Post-midterms tumble ahead of inflation reading
Wall Street stocks were still in the red at the close on Wednesday, as investors continued to hold their breath for any clear results from the midterm elections.