US import prices rise modestly in June

Source: Investing.com
© Reuters
US import prices rose 0.2% in June, compared to the 1.4% growth seen in the previous month, when the Import Price Index posted the largest increase since March 2012, fresh data from the Department of Labor showed on Wednesday. Meanwhile, analysts expected the 0.5% gain in the reported month. The indicator remained in expansion territory for four consecutive months.
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Wed, 13 Jul 2016 13:39:14 GMT

Wall Street opens with gains on Wednesday

Major US stock indices opened in the green on Wednesday. At the session start, the S&P 500 Index jumped 0.18%, opening at 2,155.92, whereas the Dow Jones Industrial Average Index increased 0.17% to start at 18,378.76, and the Nasdaq Composite Index gained 0.25% to open the trading day at 5,035.20 points.

Wed, 13 Jul 2016 13:02:46 GMT

Japanese industrial output contracts more than expected in May

Japan's industrial production dropped 2.6% on a month-over-month seasonally adjusted basis in May, final numbers from the Ministry of Economy, Trade and Industry showed on Wednesday, following the 0.5% increase seen in the previous month. Analysts expected the country's industrial output to fall 2.2% in the reported month.

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