Stocks open higher as U.S. inflation, jobs data point to cooler inflation
newscatcher
2023-08-31 01:40
Stocks open higher as U.S. inflation, jobs data point to cooler inflation
Screens in Hana Bank's trading room in central Seoul show stock and foreign exchange markets close on Thursday. [YONHAP] Stocks opened higher Thursday after the latest U.S. economic data increased hopes that the U.S. Federal Reserve will hold rates steady in September. The benchmark Kospi rose 4.57 points, or 0.18 percent, to 2,565.79 in the first 15 minutes of trading. The U.S. economy grew at a 2.1 percent annual pace in the second quarter, falling short of a 2.4 percent expansion estimate.

https://n.news.naver.com/mnews/article/640/0000042778?sid=101

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