US Stocks Rally On Inflation Data, Solid Earnings
Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.
Too many potential outcomes lead to reaccelerating inflation, CIO says
Jim Smigiel, chief investment officer at financial-services firm SEI, weighed in on the U.S. outlook by saying "we see too many potential outcomes leading to a reacceleration in inflation and higher ...
Artificial Intelligence (AI) Stocks Micron Technology, BigBear.ai, and C3.ai Pop After Positive Inflation Report
The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped roughly 2% after new economic data showed easing inflation, a relief to investors that also led to a decline in Treasury yields. The Dow Jones ...
US Consumer Inflation Rises To 2.9 Percent In December
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Bonds rally as inflation data tame key headwind for S&P 500, Fed rate cuts
The stock market's stiffest headwind, a surge in Treasury bond yields, was blown aside Wednesday by a surprisingly benign ...
Top Stock Movers Now: BNY, Goldman Sachs, BlackRock, Tesla, and More
Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.
BlackRock's Rieder sees slow, uneven progress in U.S. inflation
Most of the meaningful progress in inflation appears to be "behind us at this stage" and price gains "may remain sticky at levels higher than the Federal Reserve would ideally like," said Rick Rieder, ...