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Wall Street, inflation
Wall Street soars on record bank profits and cooling inflation
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged around 775 points, or 1.82%, in afternoon trading. The S&P 500 rose 1.
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries about a recent rebound in inflation. An uptick in inflation since the end of su
Stock market today: Asian shares advance after inflation data drives a rally on Wall Street
Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.5% to 38,635.25. Bank of Japan data showed wholesale prices in Japan rose 3.
Inflation Data, Bank Earnings Bonanza: What to Watch Tuesday Onward This Week
Here are some key corporate results, economic data releases and other events to watch for this week: Today PPI report: A December readout for the produc
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.
Wall Street stocks post biggest rally since Donald Trump’s election victory
Banks were among Wednesday’s biggest gainers after several of Wall Street’s biggest lenders posted big rises in quarterly profits, driven by strength in investment banking and trading. Citigroup, Goldman Sachs and Wells Fargo all jumped about 6 per cent.
Stock market today: Asian stocks mixed ahead of US inflation data
Asian stocks are mixed after 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
Asian Stocks Gain After US Core Inflation Cools: Markets Wrap
Shares in Asia followed Wall Street higher Thursday as easing US core inflation kept alive the prospect of Federal Reserve rate cuts this year.
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks are also helping to launch indexes toward their best day in two months.
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.
US Inflation, Fed Outlooks Lift Asian Stock Markets
Asian stock markets broadly gained Thursday after the cool December inflation report from Washington on Wednesday was perceived as keeping the door open for US Federal Reserve easing in 2025. Hong Kong,
1d
on MSN
Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly’s drag
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on ...
9h
Morning Bid: Inflation relief and bumper bank earnings
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
The Daily Star
1h
US consumer inflation rose in Dec but underlying pressures eased
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
1d
Dow, S&P 500, Nasdaq post best day since Nov. 6 on cooling inflation and bank earnings
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
21h
Wall Street Has Best CPI Day Since at Least 2023: Markets Wrap
Wall Street futures climbed as big US banks posted estimate-topping results and investors awaited a crucial inflation print ...
1d
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.
1d
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly ...
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