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inflation, Wall Street
Wall Street rallies on robust bank earnings and positive news on inflation
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks ripped higher after an encouraging update on U.S. inflation. The S&P 500 jumped 1.8% for its best day in two months Wednesday. The Dow Jones Industrial Average climbed 1.7%, and the Nasdaq composite gained 2.
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
Wall Street soars on record bank profits and cooling inflation
New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222. The S&P 500 rose 1.83% and the tech-heavy Nasdaq Composite ended the day higher by 2.45%.
ASX set to surge as Wall Street soars on inflation data, bank results
Treasury yields also eased in the bond market following the update on how much more US households had to pay in December for eggs, gasoline, housing and other costs of living. The report said overall inflation accelerated to 2.9 per cent from 2.7 per cent in November.
Dow Soars 700 Points As Bank Earnings, Inflation Data Boost Stocks Toward Best Day Since Election
Stocks surged as traders responded strongly to the first major inflation report of the year and the kickoff of fourth-quarter earnings season, though one strategist warns the market’s recent fickle nature should keep investors on their toes.
The Dow soars 600 points as inflation cools and bank earnings slay
The Dow surged 600 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking earnings.
Dow, Nasdaq Pop on Another Cool Inflation Reading
Stocks are soaring this afternoon, after December's CPI data and red-hot bank earnings boost investor sentiment
9h
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
1d
on MSN
Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly’s drag
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on ...
9h
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
8h
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
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 ...
8h
Positive Reaction To Inflation Data May Spark Early Rally On Wall Street
The major U.S. index futures are currently pointing to a sharply higher open on Wednesday, with stocks likely to show a strong move ...
6h
Wall Street jumps after encouraging inflation report and strong bank profits
The S&P 500 was 1.5% higher in early trading. The Dow Jones Industrial Average was up 652 points, or 1.5%, as of 9:35 a.m.
6h
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly ...
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