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Dow Jones industrial average, CPI and NASDAQ
Stock market today: Dow soars 634 points and yields fall after cool CPI and strong bank earnings
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
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
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 lift sentiment.
CPI, Fed
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see progress on lowering inflation toward its 2% goal, but that interest rates should remain restrictive.
1h
on MSN
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
1h
CPI inflation report and what it means for the US economy
Managing partner and Chief Investment Officer of the Armstrong Advisory Group, Chuck Zodda breaks down this week's financial ...
4h
CPI Slows; Bank Earnings Show Growth And Rising Expectations For 2025
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
1h
on MSN
Kelly Evans: Stocks surge on CPI and strong banks
Today is like a little taste of what the year could be like if everything goes just right. Inflation is cooler, bond yields ...
2h
The VIX Slides as Investors Cheer CPI and Bank Earnings
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
4h
on MSN
CPI Inflation Hurt More In December But With A Silver Lining
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
5h
Analysis of US CPI Report for December
There have been some troubling signs of inflation expectations picking up. The University of Michigan’s gauge of consumer ...
5h
VIEW Dec CPI rises a touch above expectations, keeps Fed on track
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
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Related topics
inflation
stocks
United States
Fed
Dow Jones Industrial Average
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