Less than two years ago, it was considered all but certain the stock market would go through an extended period of pain as inflation roared to its highest level since the early 1980s, but Wednesday ...
The S&P 500 stock index hit a new all-time high Wednesday, as investors welcomed a key report which revealed inflation was softer than expected in April, boosting hopes for lower interest rates which ...
Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine that broke the global energy and food supply chains. The U.S. is now the leading ...
US stocks soared on Wednesday, with the S&P 500 notching an all-time high. The benchmark index surpassed 5,300 for the first time after April inflation came in cooler than expected. Consumer prices ...
Inflation is still a thing. Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than American ...
The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares. The tech-heavy benchmark added 1.22% and ...
Producer price index inflation data overshot estimates, but key components offered good news for the Federal Reserve's primary inflation rate. The PPI data dilutes the importance of Wednesday's upside ...
The Personal Consumption Expenditures price index, the Federal Reserve's preferred inflation measure, rose 2.6% in December 2024, according to data released Friday. While the data were in line with ...
I now see a 90% chance of a bear market in 2025 due to rising long-term inflation expectations and new tariffs. Long-term inflation expectations are at 4.4%, levels not seen since 1990–1991 and ...
Consumer price index data for November showed much lower core inflation, giving an early Christmas present to Wall Street. The S&P 500 rallied, extending an overnight rebound after the CPI and initial ...
US stocks rebounded on Thursday as investors digested easing inflation pressures from the latest reading on consumer prices that could help set expectations for the path of interest rates. Shares in ...
A day after the Consumer Price Index reignited concerns over sticky inflation, Wednesday's Producer Price Index (PPI) offered a more benign view. Producer prices were flat in June, down from May's ...