Stocks Open Sharply Higher After CPI Report, Big Bank Earnings
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Nasdaq Composite surged 1.7%. The reading should help the Fed be a little more dovish heading into its January 28-29 policy meeting,
Ten-year Treasury yields were hovering just shy of their highest since last May, and the 30-year yield was close to its ...
In addition, inflation remains slightly above the Federal Reserve's long-term goal of 2%. If inflation were to remain at that ...
World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence ...
The S&P 500 and Nasdaq have both felt pressure as shares of major tech companies came under pressure Monday. Investors ...
While Palantir Technologies stock (NASDAQ: PLTR) had a stellar 2024, with its stock rising by about 4x, driven by the market ...
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong ...
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