Wall Street soars on record bank profits and cooling inflation
Jan 15, 2025 · 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 Hits Record High Amid Strong Earnings and Easing Inflation …
3 days ago · Wall Street was concerned that the resulting inflation would prompt the Federal Reserve to leave interest rates higher than previously expected, as it sought to keep consumer price gains under ...
Stock market today: Wall Street mostly rises after encouraging ...
Jan 14, 2025 · Stubbornly high readings on inflation and a run of better-than-expected updates on the U.S. economy have sent Wall Street into a weekslong rut, pulling it further from the dozens of all-time highs set last year. The fear is that all the strong data will convince the Federal Reserve to deliver less relief this year through lower interest rates.
Wall St surges as inflation data, bank earnings fuel rally
Jan 15, 2025 · U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than two months, as lower-than-expected December core inflation data and ...
Wall Street mostly rises after encouraging inflation data - Los …
Jan 14, 2025 · NEW YORK — Most U.S. stocks rose Tuesday following an encouraging update on inflation, though drops for Eli Lilly and other influential stocks kept indexes in check. The Standard & Poor’s 500...
Wall Street drifts near record highs after an in-line inflation …
Nov 13, 2024 · It accelerated to 2.6% from 2.4%, but an underlying measure called “core inflation” did not accelerate. Such core inflation can be a better predictor of future trends, economists say, and the as-expected number boosted expectations for help coming from the Federal Reserve.
Fed president confirms confidence in inflation dip as Wall Street …
Nov 13 (Reuters) - Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in...
Wall Street ends slightly lower after higher than expected inflation ...
Oct 10, 2024 · (Reuters) -Wall Street's main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications on the health of the U.S. economy and...
Inflation Continues Its Bumpy Decline With Mixed September …
U.S. inflation eased to a new three-year low but is cooling more slowly than expected, new data showed. The consumer-price index rose 2.4% from a year earlier in September, the Labor Department...
Wall Street is concerned about an inflation resurgence in 2025
Dec 29, 2024 · According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of...