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.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Here are some key corporate results, economic data releases and other events to watch for this week: Today PPI report: A ...
Treasury yields and the dollar fall as December inflation is in line with expectations. Headline 12-month CPI is 2.9%, up from November's 2.7% but meeting consensus forecast in a Wall Street Journal ...
JPMorgan Chase & Co, Wells Fargo, Citigroup and Goldman Sachs edged up in light premarket trading, ahead of their quarterly ...
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