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Inflation Data Boots Wall Street
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 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.
The Age
16h
ASX set to rise after rate cut bets boost Wall Street; Bitcoin hits fresh record
The latest inflation figures bolstered
Wall
Street
’s bets for another
rate
cut
next month.Credit: Bloomberg The ...
Hosted on MSN
5d
Wall St set to open flat as rally from Trump win, rate cut cools
(Reuters) -
Wall
Street
was set for a muted open on Friday, as a rally powered by a sweeping Trump win and an expected ...
2d
on MSN
Nasdaq, S&P, Dow are mixed as Wall Street comes off strong week
Stock index futures were in the green on Monday, as Wall Street comes off a strong week on the back of the U.S. presidential ...
1d
Wall Street’s Higher-for-Longer Rate Brigade Plunges Into Loans
Investors are piling into US leveraged loan ETFs, betting that President-elect Donald Trump’s policies will potentially boost ...
7d
Wall Street's most famous floor trader recounts election euphoria at the NYSE and explains how to trade an incredibly bullish fourth quarter
Volatile markets excite traders because they create opportunities to exploit the moves.
7d
Sharply rising bond rates could stem Wall Street's 'relief rally' and push interest rate cuts further into the future
While US shares hit fresh highs on the news of Donald Trump's election, sharp rises in the US 10-year bond rate could mean interest rate cuts are pushed further into the future.
20h
Wall Street climbs, FTSE muted as US inflation rises to 2.6% in October
Deutsche Bank believes the consumer price index will tick down from last month to 0.26%, which would keep the year-on-year ...
20h
Wall Street Lunch: CPI Up, But No Need For Alarms Just Yet
Core CPI, which excludes food and energy, rose 0.3% M/M. On an annual basis, that comes to +3.3% vs. +3.3% expected and +3.3% ...
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