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 rates this year.
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%.
I make note of the four stocks analysts most adore, and the four they most despise. In performance over the next year, ...
BMO Capital Markets forecasts the S&P 500 will reach 6,700, reflecting a gain of 13.2%. Chief investment strategist Brian ...
Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
Apple and Tesla generated solid returns for shareholders in the past year, but both stocks recently picked up sell ratings ...
Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on ...
Global stock markets were mixed on Thursday as Wall Street remained closed to honor the late former President Jimmy Carter.
WEPE raised $45M in late 2024, reflecting confidence in its vision. The project empowers retail traders with ...
Hindenburg Research founder Nate Anderson, a foe of Carl Icahn and the Adani family, cites the stress of his job as he shuts ...
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