Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
Bonds rally as inflation data tame key headwind for S&P 500, Fed rate cuts
The stock market's stiffest headwind, a surge in Treasury bond yields, was blown aside Wednesday by a surprisingly benign ...
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Stock Market Today: Nasdaq Composite Rips Higher as Inflation Slows
Live Updates Make sure to refresh this page periodically for updates. Sectors Outperforming Today 11:40 am What sectors are ...
Mortgage Rates Hold at Highest Level Since May
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate ...
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
December Inflation Data Closes Door on January Rate Cut, but There’s Improvement Under the Hood
Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
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US Markets LIVE Updates: Dow extends gains to 700 points after core inflation slows; Goldman Sachs shares up 6% post earnings
US markets gear up for an important session, with all eyes on December CPI data, expected at 7:00 PM IST, and the earnings ...
CPI Report Keeps the Fed on Track: What the Experts Are Saying About Inflation
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
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Treasuries surge as easing inflation boosts Fed rate-cut bets
U.S. government bonds surged as benign inflation data prompted traders to resume their bets on additional Federal Reserve ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
BofA says Fed's rate cuts are over with inflation stuck above 2%
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing ...