Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
Stock market today: Wall Street ticks up modestly ahead of more inflation data; Disney soars
Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another inflation update from the U.S. government. Futures for the S&P 500 were up just 0.
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December.
After inflation report, federal-funds futures point to higher chance of December rate cut
Shortly after a fresh inflation report, federal-funds futures showed an increased probability that the Federal Reserve will lower its benchmark interest rate in December. The probability of a quarter-percentage point cut by the Fed next month rose to 75.
Traders bet on Fed December rate cut after inflation data
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting next month, after a government report showed consumer inflation rose in October in line with economist expectations.
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
New inflation data shows increase, days after election
Even as inflation has slowed, that progress hasn't reversed a leap in prices that dates back to the pandemic. Since President ...
Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
CPI inflation data signals Fed needs to 'tread lightly' when guiding markets on future rate cuts: economist
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
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Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
Recent data raise risks of inflation progress slowing, reversing Musalem expects inflation to converge to 2% over ...
Dollar braces for US inflation data and several Fed speakers
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
Bitcoin climbs above $91,000 for the first time as investors digest postelection gains, inflation data
Bitcoin rose above $91,000 for the first time on Wednesday, adding to its postelection rally, as traders pored through ...
The Dow rises 200 points as inflation stays steady
The Dow Jones Industrial Average and other stock indexes ticked higher Wednesday as inflation data came in as expected. The ...