Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Tech stocks help ASX bounce back, Aussie CPI drops to 2.4pc to spark rate cut hopes and wine exports soar ... Read More The ...
CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, respectively. Read what investors need to know.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious ...
US stocks (^GSPC, ^IXIC, ^DJI) closed higher on Wednesday as inflation cooled, with the December CPI report easing concerns. The inflation data showed the December CPI rising 0.4% monthly and 2.9% ...
Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like ...
Thus, today's positive inflation report sparked a "risk-on" rally, including these EV-related stocks. Today, the December ...
Each month, usually on or around the 15th at 8:30 am Eastern time, the BLS releases CPI values for the previous month. Are Price Indexes Similar to Stock Indexes? Price indexes are similar to ...
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...