The U.S. stock market continues to rise under the dual impact of PPI data and tariff policies, with the market choosing to focus on positive factors
According to a message from ChainCatcher, as reported by CNBC, the U.S. stock market continues to rise despite multiple factors. The Producer Price Index (PPI) for January was slightly higher than market expectations, but data showed a downward trend in prices for some key components. Citigroup analysts predict that this trend may indicate that the Personal Consumption Expenditures (PCE) price index closely watched by the Federal Reserve will moderate.
On the policy front, although Trump signed an executive order on reciprocal tariffs, he did not immediately impose tariffs on other countries, alleviating market concerns about escalating trade frictions. Analysts pointed out that despite facing inflationary pressures and policy uncertainties, investors still tend to focus on positive factors such as economic resilience and corporate earnings growth. On the day, the Dow Jones Industrial Average rose 0.91%, the S&P 500 index rose 0.58%, and Nasdaq increased by 0.30%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: "Machi Big Brother" reduced 2,880 ETH long positions in the past hour, with a liquidation price of $3,022.
A certain whale has opened a 20x leveraged long position on 300 BTC, with a liquidation price of $60,424.6.