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Stock impact report

MORNING BID EUROPE-Perusing euro zone PMIs and prices [Yahoo! Finance]

Pearson, Plc (PSO) 
Company Research Source: Yahoo! Finance
The new month kicks off with Japan's Nikkei Average recording a fresh high, on the heels of the S&P 500 and Nasdaq closing at record highs on Thursday, buoyed by tech stocks linked to AI. Heavyweight chipmaker Nvidia was one of the biggest boosts to the benchmark indexes while smaller rival Advanced Micro Devices also surged. Stock markets are in a fairly buoyant mood after in-line U.S. inflation figures on Thursday helped shape expectations for the timing of Fed interest rate cuts, and not only extended the global equity rally but also pushed U.S. Treasury yields lower. The German DAX also hit a fresh all-time high on Thursday, and Europe opens today in anticipation of euro zone flash February PMI numbers that should show euro area inflation, which soared to double-digits in 2022, is moving back towards its 2% target. That's becoming more certain after data this week showed inflation dipped to 2.7% from 3.1% in Germany, to 3.1% from 3.4% in France, and to 2.9% from 3.5% in S Show less Read more
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