November’s Consumer Price Index (CPI) report arrived yesterday – and it was just what stocks needed to continue rallying.
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could ...
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or ...
Dow Jones Industrial Average futures fell 23 points, or 0.05%, to 44,312 S&P 500 futures increased 4 points, or 0.07%, to 6,050 Nasdaq 100 futures increased 28 points, or 0.13%, to 21,434 On Tuesday, ...
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
Wednesday's November CPI showed little progress being made toward the Federal Reserve's 2% target and raises doubts about the ability of officials to cut rates as much as they expected, one chief ...
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
The S&P 500 SPX rose this week on a CPI report that was in line with estimates, which analysts believe paves the way for a U.S. Federal Reserve rate cut next week. Regardless, there is support for SPX ...
Global central banks signal easing shift as SNB doubles rate cut expectations, ECB prepares fourth 2024 cut, and Fed awaits ...
Wednesday's market action was all about the "Magnificent Seven" tech stocks, with Alphabet's ( GOOG, GOOGL ), Tesla ( TSLA ), ...
The dollar was higher on Wednesday after U.S. price data came in line with forecasts, reinforcing expectations the U.S.
Oil rose in early Asian trade. Oil has priced in a little geopolitical risk premium on the tightening of sanctions against Russia by the U.S. while prospects of a Fed rate cut may also be boosting ...