You are here: Home » Reuters » News
Business Standard

Wall Street opens higher after tepid inflation data


By Sruthi Shankar(Reuters) - U.S. stock indexes opened higher for the first time in four days on Friday after tepid data pointed to benign inflation that could make the Federal Reserve cautious about raising rates again this year, even as concerns lingered over rising tensions between the United States and North Korea. Still, the S&P 500 is on track to post its biggest weekly loss in about nine months.In his latest warning to North Korea, U.S. President Donald Trump said on Friday military solutions were "fully in place" and referred to American weapons as being "locked and loaded" should the ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, August 11 2017. 19:33 IST