Issue link: https://maltatoday.uberflip.com/i/1503641
SYMBOL LAST CHANGE % HIGH LOW DOW JONES – US 33,561.80 -56.88 -0.17% 33,656.40 33,509.70 NASDAQ – US 12,179.50 +0.00 +0.00% 12,216.10 12,174.10 S&P 500 – US 4,119.17 -18.95 -0.46% 4,130.35 4,116.65 RUSSELL 2000 – US 1,749.68 -4.79 -0.27% 1,756.09 1,737.70 S&P TSX – CANADA 20,585.70 +0.58 +0.00% 20,599.00 20,455.50 IPC – MEXICO 55,452.70 +419.61 +0.76% 55,497.80 54,899.40 FTSE – UK 7,750.80 -13.29 -0.17% 7,778.98 7,750.37 CAC 40 – FRANCE 7,373.77 -23.40 -0.32% 7,416.32 7,373.20 DAX 40 – GERMANY 15,886.20 -69.32 -0.43% 15,980.80 15,884.00 FTSE MIB – ITALY 27,325.70 -57.80 -0.21% 27,476.40 27,324.70 MICEX – RUSSIA 2,524.31 -3.28 -0.13% 2,535.03 2,483.79 NIKKEI 225 – JAPAN 29,122.20 -120.64 -0.41% 29,195.20 29,070.10 SHANGHAI COMPOSITE – CHINA 3,319.15 -38.52 -1.15% 3,349.72 3,305.25 HANG SENG – HONG KONG 19,776.90 -90.64 -0.46% 19,880.00 19,696.60 NIFTY 50 – INDIA 18,249.10 -16.90 -0.09% 18,323.20 18,211.90 KOSPI – KOREA 2,496.51 -13.55 -0.54% 2,510.13 2,488.42 13.7.2023 7 MARKETS International Markets Global Indices Trading Date: 12 July 2023 Wall Street ends up ahead of US consumer price data US stocks rose yesterday, helped by optimism ahead of key inflation reports and as JPMorgan and other financial shares gained before earnings later this week. Investors are looking for further clues on whether price pressures are abating and if the Federal Reserve is nearing the end of its interest rate hiking cycle. US consumer price data is due today, while a producer pric- es report is due on ursday. Several Fed officials said this week the central bank would likely need to raise rates further to curb inflation but that the end of its tightening cycle was getting close. JPMorgan Chase & Co shares advanced 1.6 per cent after Jefferies upgraded the stock to a "buy" ahead of the bank's quarterly results due on Friday. Reports from JPMorgan and other big banks later this week are expected to unofficially kick off the start of the second-quarter reporting period. e S&P banking index rose 1.5 per cent. Energy shares also jumped along with sharply higher oil prices. "It's nice to see the market broadening out here ahead of earnings," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. "We've got a lot of data that's going to be coming in here ... and expectations for the third quarter are also a concern in terms of any guidance companies might be giving on earnings calls." e S&P 500 is up 15.6 per cent for the year so far, with technology up 40 per cent in that period. e Dow Jones Industrial Average rose 317.02 points, or 0.93 per cent, to 34,261.42, the S&P 500 gained 29.73 points, or 0.67 per cent, to 4,439.26 and the Nasdaq Com- posite added 75.22 points, or 0.55 per cent, to 13,760.70. Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a reduction in dealmaking. Among the S&P 500's biggest gainers on the day, shares of videogame maker Activision Blizzard jumped 10 per cent after a US judge ruled that Microsoft may proceed with its planned acquisition of the "Call of Duty" game maker. Salesforce shares rose 3.9 per cent after the cloud servic- es firm said it would increase prices of some of its cloud and marketing tools, a first in seven years. Also, Amazon.com shares edged up 1.3 per cent with its "Prime Day" 48-hour discount shopping event going on this week. Volume on US exchanges was 9.97 billion shares, com- pared with the 11.1 billion average for the full session over the last 20 trading days. Advancing issues outnumbered declining ones on the NYSE by a 3.65-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favoured advancers. FTSE 100 Daily Price Chart DAX 40 Daily Price Chart