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.
Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...
MGM China saw its Q3 net revenues increase 14% year-over-year and adjusted property EBITDAR (earnings before interest, taxes, ...
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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 ...
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 ...
U.S. and European stocks ticked higher on Tuesday as a sell-off in bonds moderated, although investors remained cautious ...
Global market focus on Wednesday is on the U.S. consumer inflation index, which will be out at 8:30 a.m. ET. Economists ...
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