Boosting the market was renewed hopes of a rate cut in June, which surged after the consumer price index trended lower in December.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
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U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data ...
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
U.S. stocks were jolted higher on Wednesday by a powerful relief rally sparked by tumbling Treasury yields and positive tones on the inflation front ahead of President-elect Donald Trump's ...
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
The US indices that I follow here are FX Empire continue to see inflows, as the CPI numbers came out lower than expected on ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.