Wednesday Outlook: Stocks surge, dollar slumps

Wednesday Outlook: Stocks surge, dollar slumps

Wednesday Outlook: Stocks surge, dollar slumpsWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>MARKETS>Equities>Wednesday Outlook: Stock...PHOTOZawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Stocks surge, dollar slumps as traders cheer inflation surprise U.S. October CPI flat vs 0.1% rise expectedOil gains on Middle East tensions, stock data in focus Brent futures rose 8 cents to $82.55 a barrelDollar down as markets bet Fed done with hikes Traders reacted quickly to the shift in market pricing by sending the dollar tumbling 1.5% overnight against major currenciesUS Stocks: Wall St rallies as data supports view Fed may be done hiking rates U.S. headline, core CPI growth falls short of estimatesGold firms as lower US dollar, bond yields buoy appeal U.S CPI up 3.2% year-on-year in OctoberCrypto.com