US stock market today: Wall Street is holding after inflation data; Nasdaq jumps 0.2% – Times of India

US shares stabilized on Wednesday, because a new inflation report suggested that the major rates of President Donald Trump have not significantly increased the prizes – at least for the time being. The S&P 500 inch with less than 0.1% in early trade, while the industrial average of Dow Jones dropped 23 points and the Nasdaq composite increased by 0.2% for the first minutes of trade.Despite fresh signs of inflation, the calmness in shares came because a report from the labor department demonstrated a slight monthly increase that was milder than economists predicted. The bond market reacted more clearly, whereby the proceeds from the treasury fell on the data.Global shares also won, encouraged by news that the United States and China had agreed a framework to continue commercial negotiations. The consensus follows a fragile ceasefire that was reached in Geneva last month and was again confirmed during two days of conversations in London.The CAC 40 of France rose by 0.3%, the German Dax won 0.1%and the British FTSE 100 went almost 0.2%. In Asia, the Japanese Nikkei jumped by 0.6% as wholesale inflation delayed and Kospi in South Korea rose 1.2%, lifted by the relief of tariff frequency and trust in the market-friendly policy of the new President Lee Jae-Myung.Trump’s earlier tariff increases had activated a market drop of 20% only two months ago. The current rally reflects the investor hopes that his administration will lower the tasks after new trade agreements.Nevertheless, some analysts spent skepticism about the content of the US-China interviews. “If markets expected substance, they received a process instead,” said Stephen Innes of Spi Asset Management, in which the London conversations are described as a confirmation of existing obligations, such as cited AP.The American trade secretary Howard Lutnick, however, remained cheerful and told reporters in London in London that the discussions with China ‘really, really good’ went.The oil prices were higher, with benchmark US crude oil up 24 cents to $ 65.22 per barrel and Brent rises 17 cents to $ 67.04. The dollar won lightly against the yen but walked down on the euro.Markets seem to be in a holding pattern and look out for clearer signals from both trading negotiators and the Federal Reserve, which remains careful about interest rate moving in the midst of persistent inflation and tariff uncertainty.