Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading. It had been up at its highest level in more than a year, serving as a headwind for stocks.
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US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Investors are weighing what a reported gradual rollout of Trump tariff hikes could mean for inflation and the Fed.
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Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on ...
MGM China saw its Q3 net revenues increase 14% year-over-year and adjusted property EBITDAR (earnings before interest, taxes, ...
Wednesday's "most important inflation reading in recent memory" has come and gone, and so far, traders of stock index futures and Treasury bonds are loving it. But while a softer-than-expected reading ...
Market watchers are now awaiting the release of US consumer-price inflation data later in the day. A below-forecast read on ...
Global market focus on Wednesday is on the U.S. consumer inflation index, which will be out at 8:30 a.m. ET. Economists ...
Stocks ended mostly higher Monday, with the S&P 500 shaking off earlier losses to post its biggest intraday comeback in four months. The S&P 500 finished with a gain of 9.18 points, or 0.16%, to close ...
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