The Dow surged 700 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking earnings.
The Dow and other indices rebounded on Tuesday following inflation data that came in cooler than anticipated. AI stocks that declined sharply on Monday recovered early Tuesday, with Nvidia (NVDA), Super Micro Computer (SMCI),
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as investors felt renewed confidence that the Fed will cut rates multiple times this year. In recent trading, fed-fund futures showed the chances of more than one cut rising to 46%, from 35% on Tuesday, according to CME Group data.
US stocks gave up early gains to end mixed. Investors await key consumer inflation data and the start of earnings season on Wednesday.
The Dow Jones Industrial Average (DJIA) climbed around 750 points at its peak on Wednesday, pushing into the bullish side to pass back through the 43,000 handle before getting hung up on the 50-day Exponential Moving Average (EMA). Equity markets are tilting firmly into the bullish camp after a key core inflation gauge ticked slightly lower.
Can please write a news story about the closing stock market es for for ALL the following indices but can you change the symbol where it appears for the percent word
The Dow surged 600 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking earnings. According to the Bureau of Labor Statistics, the Consumer Price ...
Wall Street analyzed the cooler-than-expected producer price index for December on Tuesday and looked ahead to the consumer price index report on Wednesday.
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.
Is the stock market settling down after days of interest-rate-fueled selling hitting the Nasdaq Composite? Shortly after the open, it looked like today was going to be firmly in the green. However, after markets jumped early,
Stocks traded lower Thursday, with the S&P 500 on pace to end a three-day winning streak, as big tech shares pulled back.
The Dow Jones Industrial Average and the S&P 500 rose Tuesday as equity markets assessed the latest producer price report and awaited official data on consumer inflation. The Dow gained 0.5% to 42,518.