Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious about the pace of inflation.
Stocks Follow Wall St Higher On Welcome US Inflation Data
Markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.
Stock markets get boost from bank earnings, inflation data
Stock markets surged on Wednesday, buoyed by robust US bank earnings and encouraging inflation data from the United States and Britain.
Wall St surges as inflation data, bank earnings fuel rally
U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than two months, as lower-than-expected December core inflation data and solid earnings from major U.
US Stocks Pop On Inflation Data, Strong Earnings
US stocks jumped Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation.
Tokyo stocks open higher after Wall St. rise on inflation data
Tokyo stocks opened higher Thursday, tracking an overnight rally on Wall Street, as U.S. data eased concerns about a potential resurgence of inflation. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 253.
US stocks soar following better-than-expected inflation data and strong earnings reports
US stocks surged on Wednesday, fueled by a slowdown in core inflation and better-than-expected earnings from major banks. The Dow Jones Industrial Average rose by 804 points, or 1.9%, while the S&P 500 gained 2% and the Nasdaq Composite climbed 2.
What the new inflation report means for mortgage rates
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Inflation Ticked Up To 2.9% In December As Expected—Highest Since July
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest ...
Stock market today: Global shares advance after inflation data drives a rally on Wall Street
Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices ...