INSUBCONTINENT EXCLUSIVE:
but gained momentum, showing increased risk appetite among investors.This marks the first time since November 8, 2021, that all three
indices have simultaneously set records, according to Dow Jones Market Data.The Dow Jones Industrial Average rose by 1.03% to 39,512.13
points, the S-P 500 increased by 0.89% to 5,224.62 points, and the Nasdaq Composite grew by 1.25% to 16,369.41 points.Wall Street Indices
(Photo Internet reproduction)During his briefing, Powell suggested that the inflation spike early this year might be attributed to seasonal
effects.BMO interprets this as a possible downplay of the recent inflation surge by the Fed.Capital Economics notes upward revisions in GDP
growth and PCE core inflation
corporate advancements.It potentially sets the stage for sustained market growth amid regulatory support for key industries.
