Stock market today: Dow soars 634 points and yields fall after cool CPI and strong bank earnings
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Stock Market Today: Reassuring CPI Data Buoys Markets; Banks Post Strong Earnings
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Traders mark time ahead of US CPI, bank earnings
Global markets treaded water on Wednesday ahead of U.S. consumer price data that could potentially shift the monetary policy outlook there, while investors waited to see if earnings of big banks would match sky-high expectations.
Stocks Open Sharply Higher After CPI Report, Big Bank Earnings
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Nasdaq Composite surged 1.7%. The reading should help the Fed be a little more dovish heading into its January 28-29 policy meeting,
CPI Slows; Bank Earnings Show Growth And Rising Expectations For 2025
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the market nees?
Stock futures rise ahead of CPI data; Big banks kick off earnings season
U.S. stock index futures climbed on Wednesday, ahead of a key inflation reading that will likely shape expectations of future monetary policy actions. Investors also received quarterly results from the biggest U.
Core CPI rises less than forecast as inflation pressures ease slightly in December
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
Analysis of US CPI Report for December
There have been some troubling signs of inflation expectations picking up. The University of Michigan’s gauge of consumer ...
Fed's Barkin says latest CPI data shows price pressures continue to ease
U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...
CPI Report: How Markets Are Reacting to the Inflation Data, in Charts
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Core CPI Inflation Eases; S&P 500 Futures Jump, Fed Rate-Cut Hopes Rise (Live Coverage)
Consumer price index data for December showed that core price pressures eased more than expected. S&P 500 futures rose as ...
It’s Not Just the CPI: Goldman Sachs Is Turbocharging the Dow
The stock market was rallying broadly on Wednesday, but Goldman Sachs was giving the Dow a big boost. With the Dow up 657 ...
December CPI A Relief, Stocks Soar, Yields Fall
CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, ...
Bitcoin Price Rises After CPI Inflation Report. Why the Data Matter for Crypto.
Bitcoin rose modestly early Wednesday after investors reacted to the latest U.S. inflation reading. The world’s largest ...
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
December CPI: Inflation Ends 2024 In 'Red Zone' Yardage
Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...