
Global Markets Show Strong Performance Amid Inflation Concerns
Stock markets in various regions, including the US and Korea, are reporting strong performance and record highs, while corporate profits are robust. This positive trend comes as an upcoming inflation reading is expected to show prices at a nearly three-year high.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (51/100)Sources
Inflation reading Tuesday expected to show prices at nearly a three-year high
April's consumer price index, a broad gauge of goods and services costs across the U.S. economy, is forecast to reach an annual rate of 3.8%.
Read full article →By the numbers: Corporate profits haven't been this smoking hot in years
Read full article →Kospi tops 7,900 at open, eyes 8,000 mark
South Korean stocks opened at a fresh record high of above 7,900 points Tuesday, heading toward the unprecedented 8,000-point mark, as major chipmakers continued their bull run, despite woes that peace talks between the United States and Iran are on the brink of breaking down. After opening 1.68 percent higher, the benchmark Korea Composite Stock Price Index had jumped 112.27 points, or 1.44 percent, to 7,934.51 as of 9:15 a.m. after rising as high as 7999.67 shortly after the opening bell. It m
By The Korea Herald
Read full article →

