Stocks gain as S&P 500 looks for record close above 6,400

The actions were obtained Tuesday after the publication of the latest inflation data for the United States, the industrial average of Dow Jones jumping over 500 points and S&P 500 and the Nasdaq Composite, to a record.

The industrial average of Dow Jones has increased by almost 500 points and the S&P 500 won 1.1% to report a new Haussier flip for stocks.

As the indications of Blue Chip and Benchmark jumped, the market also saw the Nasdaq Composite add more than 1.3% to close on a fresh record closed greater than 6,400 and 21,600 respectively.

Actions increase after CPI data

Wall Street jumped after the work statistics office released the report of the consumer price index, with inflation Holding 2.7% stable from one year to the next.

Reading the IPC showed that price increases corresponded to the June numbers. However, “nucleus” inflation, a measure that excludes the volatile costs of food and energy, showed an increase of 0.3% in July to 3.1% in annual sliding, and above the 2.9% observed in June.

Despite the basic ICC, the optimism according to which the federal reserve will reduce rates in September, helped actions higher. Bets on central bank reduction rates in September reached a rating of 94%.

Aside from reading the IPC, investors are likely to return even more optimistic with the next economic data press release, the price index of producers being planned for reports on Thursday August 14 and retail data scheduled for the next day.

Other market factors

Business benefits and prices related to notable factors for investors. President Donald Trump signing another 90 -day break on key prices on China has the optimistic market because a business remains in preparation.

The gathering of the S&P 500 to more than 6,400 and the Nasdaq step has a new peak was largely catalyzed by gains for technological actions.

Analysts highlighted the 20 main actions of the reference index which bounce more than 40% since its substance, compared to 27.9% for the rest of the companies. The main engines of the technological actions of outperformance include the artificial intelligence sector, the NVIDIA, Microsoft, Apple and Alphabet helping, among others to record significant gains.