Why the jump in markets today?

george278

Anyone know why UK, Europe and US stock markets have jumped by relatively large amounts today?

FTSE 250   up 3.9%

Dax            up 3.51%

S&P 500   up 4.14%

wmb194

Lower US inflation than expected. Hopes that this might mean that inflation could be easing and the Fed won't have to raise rates as far as anticipated. 

ZeroSum

Lower than expected inflation figures

bostonerimus

ZeroSum said:

Lower than expected inflation figures

Yes the drop in inflation is the big factor, but maybe also the comparatively sensible and non-event results in the mid-term elections.

Millyonare

Consensus US inflation was expected at 7.9%. It came in at 7.7%.

Whether this is a real face-ripper rebound, or a suckers' rally, remains to be seen.

Swipe

Poor Type_45

Stargunner

Swipe said:

Poor Type_45

He is hiding behind the sofa as the Nasdaq rallies 7%

agent69

Given that Bombay was the only major market to fall yesterday, it's all obviously a response to the great English win in the cricket.

GazzaBloom

It's the next stage of the 80% crash, this is the start of the “melt up” that precedes the “pivot” that precedes the collapse of the Dollar and all of western capitalism.

Best get down to Lidl and get some tins of beans, crypto and gold, there's a storm coming.

  

penners324

GazzaBloom said:

It's the next stage of the 80% crash, this is the start of the “melt up” that precedes the “pivot” that precedes the collapse of the Dollar and all of western capitalism.

Best get down to Lidl and get some tins of beans, crypto and gold, there's a storm coming.

  

Lidl sell Crypto and gold now? Are they next to the wetsuits and dog blankets in the middle aisle?

Noneforit999

penners324 said:

GazzaBloom said:

It's the next stage of the 80% crash, this is the start of the “melt up” that precedes the “pivot” that precedes the collapse of the Dollar and all of western capitalism.

Best get down to Lidl and get some tins of beans, crypto and gold, there's a storm coming.

  

Lidl sell Crypto and gold now? Are they next to the wetsuits and dog blankets in the middle aisle?

Im surprised Aldi don't tell them in the special buys bins.

Markets are volatile, it doesn't take much to change them up or down.