Reuters ended yesterday at $124.3, a 0.91% increase

Published: May 27 2023, 08:20 GMT+0

Reuters ended yesterday at $124.3, a 0.91% increase

A quick look at yesterday: the multinational media conglomerate went up to $124.3, gaining 0.91%.

Reuters's uptick comes amid disappointing United States macroeconomic data released during the session – highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

At the same time, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. Fresh CFTC Crude Oil speculative net positions data from United States came out at 193,100.

A look at other industrials stocks also showed bullish price action as Lockheed Martin was up 1.27%. Boeing traded at $203.63 after closing yesterday's trading day at $200.87 (up 1.37%). General Electric was up 1.2%.

The news service provider reached a significant high of $132.75 around a month ago but has lost 7.21% since then.