Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since november 2021. Another new high for the s p 500. Both indexers enjoyed their best february high for the s p 500. Both indexers enjoyed their best february since 2015. The Dowjones Industrial Average for its part was up as well. That makes february the fourth straight month in the green for wall street and the Leap Day Boost was helped by some new Inflation Data. Well, the market today is reacting to a favourable continuation of inflation coming down in a trend towards the Federal Reserve s target.
we also just learned that individual, marjorie taylor greene, extracted a promise from leaders that they will investigate speaker nancy pelosi in the justice department for their treatment of defendants shield in connection with january 6th. let s be clear, american jails are generally pretty awful, okay. and everyone no matter the crime, no matter who they are, or who the park politics, our deserves to be treated humanely. that often is not the case in our system. but what is happening here is that republicans, a certain section of, the molly taylor greene, believe that these folks who carried out a violent insurrection and hunted down elected leaders are basically political prisoners. and marley reggie taylor greene alongside fellow republicans are already threatening to shut down the government. again, none of this is that surprising considering they don t, again, really have a substantive agenda to work on anyway. at least not a popular one. the most coherent virgin they could co
and everyone no matter the crime, no matter who they are, or who the park politics, our deserves to be treated humanely. that often is not the case in our system. but what is happening here is that republicans, a certain section of, the molly taylor greene, believe that these folks who carried out a violent insurrection and hunted down elected leaders are basically political prisoners. and marley reggie taylor greene alongside fellow republicans are already threatening to shut down the government. again, none of this is that surprising considering they don t, again, really have a substantive agenda to work on anyway. at least not a popular one. the most coherent virgin they could cobble together would include, i don t, know some platitudes about respecting life with no specifics, with republican leader kevin mccarthy. and rick scott s books criticize plan to cut social security, medicare, medicaid.
the kashmir region has long been a bone of contention between india and pakistan they have fought 2 wars over it. both claim the region in full but each control only part of it china also claims a section of. the revoking of its special status gives delhi increased power and influence in the territory but it s feared this could all the insurgency there which has already claimed thousands of lives over 3 decades the was pakistan s government has condemned india s move calling it illegal and vowing counter measures the united nations is urging calm we are following with concern the tense situation in the region we re also aware of reports of restrictions on the indian side of kashmir and we urge all parties to exercise restraint. but it s feared prime minister modi has just reignited uncertainty in