Wall Street is approaching her record after Rallies Oracle

New York (AP) – US stock indicators rose on Thursday after that Another fan update to inflation Throughout the country.

S&P 500 increased by 0.4 % to decline with 1.6 % of its record. Dow Jones Industrial MALED added 101 points, or 0.2 %, and gained the Nasdaq compound 0.2 %.

Oracle pushed the top on the market after jumping 13.3 %. The technology giant achieved stronger profits and revenues for the last quarter of what analysts expected, and CEO Safra Catz said he expected revenue growth “will be significantly higher” in his next financial year.

This helped to compensate for a 4.8 % loss for Boeing after India said a A journey was crashed in London Shortly after taking off from Ahmedabad Airport on Thursday, with 242 passengers and crew on board. Boeing 787 Dreamliner crashed into a residential area near the airport five minutes after take off. The cause of the accident was not immediately known.

The stocks widely received some help from reducing the treasury yield in the bond market after the last inflation update. He said on Thursday, he said at the sentence level was not bad last month as economists expected, and he followed a report on Wednesday, saying that something is similar to The inflation that we feel by consumers.

Wall Street took this as a sign that the federal reserve will have more space to reduce interest rates later this year to give the economy a batch.

It was the federal reserve Vacchard in low interest ratesAnd it was suspended this year after the cutting at the end of last year, because it is awaiting knowledge of the amount President Donald Trump’s tariff The economy will hurt and raise inflation. While low prices can go out of the economy by encouraging companies and families to borrow, they can also accelerate inflation.

The return on the cabinet decreased for 10 years to 4.35 % from 4.41 % late on Wednesday and about 4.80 % in early this year.

Besides inflation data, a separate report on the unemployed demands also helped in balance the treasury. He said More American workers apply for unemployment benefits Last week, economists expect, the total number remained at the highest level in eight months. This can be an indication of the height of workers throughout the country.

“We believe that if it was not uncertainty caused by DefinitionsThe joint information from inflation and labor market has forced the Federal Reserve to resume the policy reduction now, “according to Terry Wizmann, the strategic expert in Macquari.

The next Federal Reserve meeting is scheduled for interest rates next week, but almost unanimous expectations in Wall Street are that they will stand again. Traders are likely to start cutting in September, according to the CME group data.