US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Stocks gained ground in afternoon trading on Wall Street Tuesday following an encouraging update on inflation. The S&P 500 was up 0.3% in afternoon trading, after wobbling between gains and losses earlier in the day.
World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts.
Wall Street’s main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump’s executive orders after taking office and awaited his first move on trade policy. In morning trading, the Dow Jones Industrial Average rose 423 points, or 1%, to 43,911.
Wall Street pointed modestly higher ahead of this week’s latest U.S. inflation reports and the unofficial start of earnings season Wall Street pointed modestly higher early Tuesday ahead of new ...
Wall Street strongly rebounded on dual tailwinds of cooling inflation data and a slew of solid earnings results from the financial sector. All three major indexes registered their biggest daily ...
“These aren’t good numbers,” Brusuelas said of the inflation report. “The bond market is very skittish right now. And they are prone to overreaction.” Wall Street is mixed on future Fed ...
NEW YORK — Most U.S. stocks rose Tuesday following an encouraging update on inflation, though drops for Eli Lilly and other influential stocks kept indexes in check. The Standard & Poor’s 500 ...
Stock Market Today: Wall Street Rips Higher After Inflation Data and Strong Bank Profits NEW YORK (AP) — U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging ...
Most U.S. stocks rose Tuesday following an encouraging update on inflation, though drops for Eli Lilly and other influential stocks kept indexes in check. The S&P 500 rose 0.1%
Wall Street has been seesawing for weeks as traders ... but it could also give inflation more fuel. Traders were ebullient last year about the possibility of a string of cuts to rates, when ...