Brexit shock fades sending US stocks higher

Source: WBP Online
© Reuters
Wall Street opened higher on Wednesday, as investors started shaking off the jitters from the Brexit vote. The Standard & Poor's 500 Index gained 0.70%, opening at 2,050.84, whereas the Dow Jones Industrial Average Index jumped 0.27%, to start at 17,456.02, and the Nasdaq Composite Index increased 0.87% to open at 4,733.27 points.
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Wed, 29 Jun 2016 13:50:11 GMT

Commodities trade higher on NYSE on Wednesday

West Texas Intermediate futures traded jumped 1.02% to trade at $48.34 per barrel, whereas Brent futures rose 0.60% to trade at $48.87 per barrel by 13:45 GMT on the New York Stock Exchange on Wednesday. In the meantime, gold prices grew 0.23% to $1,320.90 per troy ounce, and silver prices advanced 2.28% to $18.25 per ounce.

Wed, 29 Jun 2016 12:51:08 GMT

US core PCE price index remains unchanged in May

The Personal Consumption Expenditures price index excluding food and energy grew 0.2% in May, in line with the market forecast and the previous month's reading, fresh numbers from the US Department of Commerce showed on Wednesday. Year-over-year, the index rose 1.6%, meeting analysts' expectations.

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