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
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%