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%, ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
US stocks (^GSPC, ^IXIC, ^DJI) closed higher on Wednesday as inflation cooled, with the December CPI report easing concerns.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Stocks also found support after US Dec producer prices rose less than expected, reducing inflation concerns and boosting ...
There wasn't much company-specific news today, so the across-the-board rally likely had to do with today's important ...
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more ...