U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow ...
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates.
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"Lower gas prices were the biggest piece of good news again in the October CPI report. In the other direction, shelter inflation was sticky and unchanged in year-over-year terms," Bill Adams, chief ...
Wednesday's afternoon trading session proceeded with all three major U.S. stock indexes shaking off earlier bouts of weakness and trading higher. The Nasdaq Composite was up 25 points, or 0.1%, at ...
He continued: "The incredible move in the stock market postelection has effectively eased financial conditions for stock ...
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