Sticky Core US CPI Hits Wall Street: London Market Close Summary
Wednesday, 11 September 2024, 08:59
Market Overview and Key Movements
The latest data on core US Consumer Price Index (CPI) has sent ripples through global markets, impacting investor sentiment. The London market saw a notable dip as anxiety around inflation continues. The Cboe UK 100 fell 0.3% to 819.82, Cboe UK 250 declined 0.5% at 18,089.32, and Cboe Small Companies ended down 1.4% at 16,612.65.
Wall Street Reaction
On Wall Street at the time of London's close, the Dow Jones displayed a cautious stance, reflecting broader market trends driven by recent inflationary pressures.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.