S&P 500 RISES NEAR RECORD, DESPITE TRADE FEARS AND INFLATION CONCERNS
S&P 500 gained 0.2%, trading near a record high.
Nasdaq Composite advanced 0.3%.
Dow Jones Industrial Average fell 0.2%, losing 83 points.
Nvidia led the tech sector, rising 3%.
Microsoft also
traded slightly higher.
GBP/USD stays strong above 1.2600 in the European session on Thursday. US Dollar is weak, which helps the Pound stay firm. Risk sentiment is low because of new tariff threats from US President Trump. Pound may struggle due to market worries. US economic data is the next key
Stellar (XLM) price is moving within a channel pattern. If it breaks out, it may go up (bullish momentum). Data from DefiLlama shows XLM's Total Value Locked (TVL) is now $62 million. Technical analysis suggests XLM could reach a price of $0.74.
CANADA JANUARY PPI SURGES ABOVE EXPECTATIONS Canada’s January PPI rises 1.6% m/m, surpassing the expected 0.2%. PPI y/y increases by 5.8%, up from 4.1% in the prior month. Raw materials price index rises 3.7% m/m and 11.8% y/y, both
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