Dow extends premarket gains, up 150 points

Thursday, 11. August 2022 14:13

Wall Street extended Wednesday's rally into the premarket session on Thursday as traders remained optimistic following a lower-than-forecast United States CPI growth figure for July. Disney soared 9% in the premarket today after reporting its latest quarterly results yesterday.

The Dow Jones Industrial Average index climbed 0.50%, or 167 points, at 8:11 am ET. The Nasdaq 100 was up 0.51% and the S&P 500 grew 0.38% at the same time.

The euro rose by 0.31% against the dollar, changing hands for 1.03305 a minute later.

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Author:
Baha Breaking News (BBN) / MS