Wall Street falls slightly after US inflation data


The main stock indices of the US market operate with losses this Thursday morning. wall street back in the first part of the day after learning that a high inflation data from the United States that supports the rise in interest rates of the Federal Reserve.

The reference index S&P 500, made up of the 500 strongest companies in the market, lost -0.18% to 4,579.13 points. The dow jones, of 30 industrial giants, falls -0.09% to -0.09% to 35,734.75 points. The nasdaqwith a high technological component, yields -0.03% and stands at a level of 14,485.32 units.

This morning it was known that consumer inflation in the United States rose 0.6% in January at the intermonthly rate, according to the Department of Labor, a figure higher than expected by the market. The year-on-year advance was 7.5% and the December record was revised upwards to 7 percent.

In other important data, it was also reported that the number of people who applied for state unemployment benefits last week was 223,000, a figure below what was expected. The strength of employment in the United States supports the Federal Reservewhich is preparing to raise rates soon.

“The Federal Reserve is in a good position to control inflation without disrupting growth [económico]especially as there are signs in other data sets that inflation could calm down in the coming months,” said eToro strategist Ben Laidler.

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