Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the day.
CPI inflation sparks Fed interest rate cut bets
U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.
Dow, S&P 500 edge higher after inflation data keeps Fed rate-cut hopes intact
Wall Street's three major indexes rose on Wednesday after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S. Federal Reserve will cut interest rates in December.
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
Stock market today: Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow Jones Industrial Average's slight loss.
Milwaukee Journal Sentinel9h
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
Nov 13 (Reuters) - Wall Street's main indexes inched higher on Wednesday ... Expectations for a 25-basis point interest ...
Yahoo Finance8h
Stock market today: Dow, S&P 500 rise while Nasdaq lags as inflation print keeps Fed rate cut on track
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel ...
US Fed Meeting Live Updates: Wall Street cheers Fed rate cut, US election results; S&P, Nasdaq close at record high
Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the ...
NBC New York7d
Asia-Pacific markets mixed after Fed rate cut boosts Wall Street rally; China's NPC in focus
Hong Kong's monetary authority on Friday cut its benchmark interest rate by 25 basis points to 5%, mirroring the U.S.
Treasury yields fall after CPI inflation report
Yields in the Treasury market were falling Wednesday, as investors weighed a fresh report on inflation that was in line with Wall Street’s expectations. The yield on the 10-year Treasury note was down ...
Stock market today: Indexes edge higher after tame October inflation report
Inflation was in-line with expectations, leading investors to solidify bets for another quarter-point Fed rate cut in ...