NYSE Content Advisory: Pre-Market update + April Consumer Inflation Data released
- The S&P 500 surged 3.3% on Monday, with the rally being fueled by de-escalation on trade between the
U.S. andChina . The two sides agreed to temporarily lower tariffs for 90 days, with plans to meet again in a few weeks to work on a bigger deal. - Technology stocks surged with the Magnificent seven adding more than
$800 billion in market value. Shares ofBoeing (NYSE: BA) are catching a bid too after a report thatChina will remove its month-long ban on deliveries of the aircraft. - Economic data out this morning will give Americans a better sense on how to budget ahead. Economists anticipate consumer prices rose 0.2% in March and 2.4% from this same time a year ago.
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Video - https://mma.prnewswire.com/media/2686187/NYSE_Market_Update_May_13.mp4
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