New York, Dec 11, 2024 (AFP) - Nasdaq surges above 20,000 after US inflation data matches estimates

NAMPA / AFP
2024-12-12
American and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month. While the Dow fell slightly, the other two major US indices advanced, led by the tech-rich Nasdaq, which piled on almost two percent to close above 20,000 points for the first time. The consumer price index (CPI) rose to 2.7 percent last month from a year ago, up slightly from 2.6......
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OUTAPI, 06 December 2024 - Work on the Outapi Treatment Plant extension and upgrade officially commenced after a visit by Minister of Agriculture, Water and Land Reform Calle Schlettwein to the project on Friday. (Photo by: Maria David) NAMPA

OUTAPI, 06 December 2024 - Work on the Outapi Treatment Plant extension and upgrade officially commenced after a visit by Minister of Agriculture, Water and Land Reform Calle Schlettwein to the project on Friday. (Photo by: Maria David) NAMPA

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MARIENTAL, 05 December 2024 - Pinias Namwandi says his interest in gardening started at an early age. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 05 December 2024 - Pinias Namwandi says his interest in gardening started at an early age. (Photo by: Charmaine Boois) NAMPA

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MARIENTAL, 05 December 2024 - Pinias Namwandi, who says his interest in gardening started at an early age. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 05 December 2024 - Pinias Namwandi, who says his interest in gardening started at an early age. (Photo by: Charmaine Boois) NAMPA

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NKURENKURU, 06 December 2024 - Jafet Muti, the mayor of Nkurenkuru, speaks at the election of new office-bearers for the Nkurenkuru Town Council. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 06 December 2024 - Jafet Muti, the mayor of Nkurenkuru, speaks at the election of new office-bearers for the Nkurenkuru Town Council. (Photo by: Lylie Joel) NAMPA

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EPUKIRO, 05 December 2024 - The settlement of Epukiro Post 3 in the Omaheke Region has in recent weeks been plagued by mosquitoes, owing to stagnant water bodies in the area. Here malaria control officials in the Ministry of Health and Social Services prepare a larvae siting exercise at the settlement sewerage pond. (Photo by: Michael Madhimba) NAMPA

EPUKIRO, 05 December 2024 - The settlement of Epukiro Post 3 in the Omaheke Region has in recent weeks been plagued by mosquitoes, owing to stagnant water bodies in the area. Here malaria control officials in the Ministry of Health and Social Services prepare a larvae siting exercise at the settlement sewerage pond. (Photo by: Michael Madhimba) NAMPA

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KATIMA MULILO, 05 December 2024 – Katima Mulilo Mayor John Ntemwa pictured with other officials at the groundbreaking ceremony for the construction of 546 houses by NHE at Katima Mulilo. (Photo by: Michael Mutonga Liswaniso) NAMP

KATIMA MULILO, 05 December 2024 – Katima Mulilo Mayor John Ntemwa pictured with other officials at the groundbreaking ceremony for the construction of 546 houses by NHE at Katima Mulilo. (Photo by: Michael Mutonga Liswaniso) NAMP

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WINDHOEK, 03 December 2024 – President-elect Netumbo Nandi-Ndaitwah pictured with her spouse Epaphras Denga Ndaitwah, former Namibian Defence Force chief, after the announcement of the election results. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 03 December 2024 – President-elect Netumbo Nandi-Ndaitwah pictured with her spouse Epaphras Denga Ndaitwah, former Namibian Defence Force chief, after the announcement of the election results. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 03 December 2024 – President-elect Netumbo Nandi-Ndaitwah pictured with her spouse Epaphras Denga Ndaitwah, former Namibian Defence Force chief, after the announcement of the election results. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 03 December 2024 – President-elect Netumbo Nandi-Ndaitwah pictured with her spouse Epaphras Denga Ndaitwah, former Namibian Defence Force chief, after the announcement of the election results. (Photo by: Hesron Kapanga) NAMPA

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