Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
Wall Street soars on record bank profits and cooling inflation
New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222. The S&P 500 rose 1.83% and the tech-heavy Nasdaq Composite ended the day higher by 2.45%.
I make note of the four stocks analysts most adore, and the four they most despise. In performance over the next year, ...
CVS Health is a beaten-down dividend stock with solid support from Wall Street. Devon Energy's share price and dividend could ...
Financial markets were restoring calm after a softer-than-expected December consumer-price inflation report spurred a sharp rally in U.S. stocks and a plunge in Treasury yields. Now investor focus is ...
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Wall Street's most watched gauge of investor anxiety rose to a three-week high on Friday as stock indexes sold off following ...
Hindenburg Research founder Nate Anderson, a foe of Carl Icahn and the Adani family, cites the stress of his job as he shuts ...
The stock market may be moving toward an "opportunity zone," and strategists see a healthy correction coming that could set ...
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