Stock markets bounced back on Friday after the latest inflation data was released. The Dow Jones, S&P 500 and NASDAQ all rose more than 1.5%. The report showed a slowdown in price increases in November, giving investors hope. While inflation remains above the Federal Reserveโs 2% target, the data provided some relief after a tumultuous week.
However, the threat of a U.S. government shutdown still looms. The political uncertainty has weighed on global market sentiment, with European stocks briefly lower before recovering. Despite the challenges, the upbeat inflation data has provided traders with a glimmer of hope. ๐
The stock market faces a complex landscape, with inflation headwinds and political uncertainty. However, optimism remains amid mixed economic signals. ๐ผ