Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by approximately 250 points, up 0.50% to 49,701.48, while the NASDAQ rose 0.41% to 22,690.60, and the S&P 500 gained 0.61% to 6,874.47 [1] - Utilities shares saw a notable increase of 2% on the same day, while financial stocks declined by 0.3% [1] Inflation Data - Price pressures in the U.S. showed signs of easing, with the annual consumer-price inflation rate decreasing from 2.7% in December to 2.4% in January, which was below economist expectations of 2.5% and marked the lowest inflation rate since May 2025 [2][6] - On a monthly basis, the headline Consumer Price Index (CPI) rose by 0.2%, slightly below the previous reading and consensus estimates of 0.3% [2] Commodity Market - In commodity trading, oil prices fell by 0.2% to $62.73, while gold prices increased by 1.5% to $5,023.90. Silver prices rose by 2.5% to $77.605, whereas copper prices decreased by 0.5% to $5.7590 [3] European Market Trends - European shares mostly declined, with the eurozone's STOXX 600 falling by 0.24%, Spain's IBEX 35 Index dropping by 1.29%, and Germany's DAX decreasing by 0.43%. Conversely, London's FTSE 100 gained 0.22%, and France's CAC 40 dipped by 0.38% [4] Asian Market Trends - Asian markets closed lower, with Japan's Nikkei falling by 1.21%, Hong Kong's Hang Seng Index declining by 1.72%, China's Shanghai Composite dipping by 1.26%, and India's BSE Sensex decreasing by 1.25% [5]
Gold Gains Over 1%; US Inflation Rate Falls To 2.4%
Benzinga·2026-02-13 17:08