Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and highly anticipated inflation numbers that came in softer than expected.
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The Dow Jones Industrial Average and other indexes trimmed some of the morning's gains at midday Wednesday. Nvidia rebounded, while Microsoft gave quantum stocks a boost in the stock market today.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
U.S. stocks remained sharply higher in Wednesday's afternoon trading in New York, with all three major indexes on course for their best CPI-release day since at least November 2023. The Dow Jones ...
US stocks saw choppy moves on Tuesday, with technology stocks continuing to struggle. The markets are also recovering from a weak start to the year, having declined from record highs in December. The ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.