Why stocks and bonds are on a tear today
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
The shelter index saw prices increase 4.6% compared to the year prior, the lowest level since January 2022. While the index ...
Treasury yields post biggest one-day drop in months after CPI data
Wednesday's rally in U.S. government debt saw the yield on the 2-year Treasury note post its biggest drop in over four months, as investors zeroed in on a cooler-than-expected core reading from the ...
US stocks soar following better-than-expected inflation data and strong earnings reports
US stocks surged on Wednesday, fueled by a slowdown in core inflation and better-than-expected earnings from major banks.
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Why bitcoin, ethereum, and dogecoin are surging today
Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m.
CPI Report for December Jumps 2.9%, Core Prices Come In Cooler To Lower Yields and Propel US Stocks
According to the US Bureau of Labor Statistics, the US Consumer Price Index (CPI) for all urban consumers increased by 0.4% ...
Why Electric Vehicle Stocks Tesla, Rivian, and Aehr Test Systems Rallied Today
Rivian (NASDAQ: RIVN), and Aehr Test Systems (NASDAQ: AEHR) rallied on Wednesday, up 5.2%, 4.7%, and 15.8%, respectively, as ...
Wall Street Lunch: Bulls Throw Big Party For Small Core CPI Miss
December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in ...
Nation's Restaurant News2h
Gap between restaurant and grocery prices continues to narrow
The price gap between groceries and restaurants continued to narrow in December, according to the latest Consumer Price Index released Wednesday. CPI data for December indicated that prices for ...
Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
Artificial Intelligence (AI) Stocks Micron Technology, BigBear.ai, and C3.ai Pop After Positive Inflation Report
Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology ( MU 5.96%) traded 5.7% higher as of 12:12 p.m. ET. Meanwhile, AI software ...