U.S. stocks surge on weaker core CPI increase

NAMPA / Xinhua

2025-01-16

NEW YORK, Jan. 15 (Xinhua) -- U.S. stocks jumped on Wednesday, driven by strong bank earnings and softer-than-expected inflation data, which bolstered investor sentiment. The Dow Jones Industrial Average rose 703.27 points, or 1.65 percent, to 43,221.55. The S&P 500 added 107.00 points, or 1.83 percent, to 5,949.91. The Nasdaq Composite Index increased 466.84 points, or 2.45 percent, to 19,511.23. Ten of the 11 primary S&P 500 sectors ended......

Restricted content

Latest NAMPA photos

SWAKOPMUND, 15 January 2025 - Swakopmund Circuit Inspector Chris Eixab. (Photo by: Isabel Bento) NAMPA

NAMPA

NKURENKURU, 01 November 2024 - A women is examined at the Osaat clinic in Bunya village in the Kavango West Region. (Photo: Contributed)

NAMPA

WINDHOEK, 14 January 2025 - Peter Deselaers, the Deutsche Welle Akademie programme director for Namibia and southern Africa,Peter Deselears. (Photo by: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 14 January 2025 - Namibia Development Trust Executive Director Ronny Dempers. (Photo by: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 14 January 2025 - Top performing learner on NSSCO level from Rukonga Vision School in the Kavango East Region, Jolisa Garises. (Photo by: Linea Dishena) NAMPA

NAMPA

WINDHOEK, 14 January 2025 - Top performer in the 2024 NSSCAS level exams from Onawa Secondary School in Omusati Region, Hofni Angula. (Photo by: Linea Dishena) NAMPA

NAMPA

WINDHOEK, 14 January 2025 - NSFAF Chief Executive Officer Kennedy Kandume, NSFAF Chairperson Stephen Tjiuro and Higher Education Deputy Minister, Nathalia /Goagoses. (Photo by Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 14 January 2025 - Executive Director of the Ministry of Education, Arts and Culture, Sanet Steenkamp speaking at the official announcement of the 2024 national examination results. (Photo by: Linea Dishena) NAMPA

NAMPA