Big news in the world of money! Stock prices went up because some important numbers about prices (inflation) were better than expected. This means things might not get as expensive as some people thought.
- Stock prices, like the Dow Jones and Nasdaq, rose significantly.
- Inflation (how fast prices increase) slowed down a bit.
- There's still worry about a trade war between the US and other countries.
What happened | Number |
---|---|
Dow Jones increase | ~350 points |
S&P 500 increase | ~1.2% |
Core CPI increase (Feb) | 3.1% |
This is all about how the economy is doing. While good economic news boosted stock prices, uncertainty over trade remains a concern. Remember: This isn't financial advice; grown-ups should help you understand this better.