With the two reports, the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures, is now ...
The stock market wrapped up its best week since early November as Wall Street breathed a sigh of relief in the wake of the latest inflation data. The Dow Jones Industrial Average gained 334 points, or ...
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 300 points on Friday. Following the market opening Friday, the Dow traded up 0.76% to 43,482.39 while the NASDAQ rose 1.36 ...
European futures rose after Israel announced that negotiators have reached an agreement on a cease-fire in the Gaza Strip, ending two days of debate. Stocks on Wall Street fell overnight, and the ...
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
Wall Street closed sharply higher on Wednesday, driven by tech, discretionary and financial stocks. Inflation data released on the day boosted investor mood. All three most widely followed indexes ...
In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
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 ...
U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data ...
The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.