April 30, 2024

Briefly about the main thing. Long rise in stocks and inflation. Tech giants and new IPOs


The two main market factors for the US stock market now are corporate reporting and expectations of newvotes in the form of a package of $ 1.9 trillion that is preparing for adoption by the authorities.

Consumer prices in China in January unexpectedlydeclined 0.3% on an annualized basis (no change expected after a 0.2% rise in December), producer prices (PPI) rose 0.3% for the first time in a year (0.4% was expected).

According to the US Department of Labor, consumer prices (CPI index) in January rose by 1.4% on an annualized basis, with growth forecasted by 1.5%, by December, an increase of 0.3% was in line with expectations.

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