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The US stock markets saw a significant impulse on Friday after the publication of encouraging inflation data for July. At 9:53 am, east time, the main indexes showed notable increases: the S&P 500 increased by 0.6%, the Dow Jones industrial average won 0.1%and the Nasdaq compound increased by 1%.

At the beginning of the negotiation day, Dow Jones added 31.11 points, or 0.08%, reaching 41,366.16. The S&P 500 increased by 20.78 points, or 0.37%, to 5.612.74, and the Nasdaq compound increased by 134.06 points, or 0.77%, reaching 17,650.49. This increase in actions prices is attributed to the new inflation data and the growing belief that the Federal Reserve could reduce interest rates soon.

The Personal Consumer Expenses Index (PCE), which the Federal Reserve uses to measure inflation, showed a slight increase of 0.1% in June to 0.2% in July, while remained stable in 2.5% compared to the previous year. These data have increased the expectations that the Fed will consider reducing interest rates at its September meeting to support economic growth.

In the company’s news, Marvel Technology actions shot at 7.8% after a solid quarterly gains report. Broadcom’s shares increased by 3.3%, and Nvidia saw an increase of 2.2%. Dell Technologies also saw their actions increase by 2.9% after informing better profits than expected for the second quarter, thanks to the strong demand for their server and network products as companies invest in artificial intelligence.

In the bond market, the 10 -year treasure yield increased slightly to 3.88% of 3.86% the previous day, which reflects investors’ expectations about future economic conditions.

Lingo market:

Gold prices remained stable amid global uncertainties. From 11:32 GMT, Spot Gold had a price of $ 2,520.36 per ounce, while US gold futures. UU. They slightly fell 0.3% to $ 2,552.90. On the other hand, silver prices stains increased by 0.2% to $ 29,51 per ounce.

Crude oil market:

Crude oil prices increased for the second consecutive day, backed by positive economic data. UU. And the current supply problems in Libya. Brent Crude for the October delivery quoted around $ 80 per barrel, which reflects an increase of 1.6% compared to the previous day. The intermediate crude of western Texas had a price below $ 76 per barrel.

In general, the positive market reaction to the latest inflation data and economic reports suggests growing investor confidence and the anticipation of possible changes in monetary policy.

Also read: The profits of the US stock market. Uu. As investors expect economic data and the Fed decision.