US rises further, Dow soars over 300 pts
Major stock markets in the United States extended gains during the Monday session, as Dow Jones jumped over 300 points at 11:31 am ET. The market analysts are anticipating the country's inflation in August to go down to 8.1%. The report will be released tomorrow.
Meanwhile, The Federal Reserve Bank of New York revealed that inflation expectations in the US have declined further "across all horizons" in August.
The Dow Jones surged 0.95% or 304 points at 11:31 am ET, while the Nasdaq 100 soared 1.12% or 212 points at the same time. The S&P 500 advanced by 1.13% at 11:33 am ET. Simultaneously, the euro traded 0.81% higher against the dollar, selling for 1.01285.