Motilal Oswal
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Motilal Oswal
Feb 13, 2019 09:02 PM IST | Market

Wall Street moves higher on trade optimism

US consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase in inflation in more than 1-1/2 years, which could allow the Federal Reserve to hold interest rates steady for a while.
The inflation data pushed US treasury yields higher, helping the financials sector rise 1.03 percent and the banking index gain 0.92 percent.
Wall Street moves higher on trade optimism
Published Date: Feb 13th, 2019 08:25 PM | Updated Date: Feb 13, 2019 09:02 PM IST
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