U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong ...
The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...
It did not help that a number of investment banking companies downgraded the company’s rating from overweight to equal-weight ...
Tyner said he'll be looking for resistance in stocks if the S&P 500 index SPX approaches the 5,975 level. It gained 1.8% on Wednesday, ending at 5,949 and scoring its best day in 10 weeks, according ...
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
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 ...
The U.S. stock market was broadly rallying on Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX was up 1.8% on Wednesday afternoon, while the Dow Jones ...
The Dow Jones Industrial Average remained near session highs in afternoon trades Wednesday as investors celebrated a positive report on inflation and awaited a report from the Federal Reserve on ...