BTCC
/
BTCC Square
/
Global Cryptocurrency
/
U.S. Stocks Rally on Cool Inflation Data and U.S.-China Trade Progress
U.S. Stocks Rally on Cool Inflation Data and U.S.-China Trade Progress
14
1
U.S. equities climbed as cooler-than-expected inflation figures fueled speculation of impending Federal Reserve rate cuts. The Dow Jones Industrial Average advanced 200 points, while the S&P 500 and Nasdaq Composite posted modest gains. Market sentiment improved further after the U.S. and China reached a tentative agreement on rare earth minerals, a key sticking point in trade negotiations.
Despite the positive trade developments, investor focus remains squarely on monetary policy. June''s inflation reading of 2.4% year-over-year has intensified political pressure on the Fed, with the WHITE House publicly advocating for rate reductions. The central bank''s next move could prove pivotal for risk assets across traditional and digital markets.
By:
Previous
NVIDIA Boosts Molecular Modeling with cuEquivariance and NIM Microservices
Next
ARI Wallet Offers Daily Quiz for Coin Rewards on 12 June 2025
