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inflation, Wall Street
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks are also helping to launch indexes toward their best day in two months.
Wall Street rallies on robust bank earnings and positive news on inflation
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow gained around 625 points in midday trading, or 1.4%. The S&P 500 rose 1.
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
Inflation Data, Bank Earnings Bonanza: What to Watch Tuesday Onward This Week
Here are some key corporate results, economic data releases and other events to watch for this week: Today PPI report: A December readout for the produc
ASX set to surge as Wall Street soars on inflation data, bank results
Treasury yields also eased in the bond market following the update on how much more US households had to pay in December for eggs, gasoline, housing and other costs of living. The report said overall inflation accelerated to 2.9 per cent from 2.7 per cent in November.
Dow Soars 700 Points As Bank Earnings, Inflation Data Boost Stocks Toward Best Day Since Election
Stocks surged as traders responded strongly to the first major inflation report of the year and the kickoff of fourth-quarter earnings season, though one strategist warns the market’s recent fickle nature should keep investors on their toes.
The Dow soars 700 points as inflation cools and bank earnings slay
The Dow surged 700 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking earnings.
5h
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
5h
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
1d
on MSN
Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on ...
6m
Wall Street is more likely to see a 'positive surprise' this earnings season, says one strategist
Financial markets were restoring calm after a softer-than-expected December consumer-price inflation report spurred a sharp rally in U.S. stocks and a plunge in Treasury yields. Now investor focus is ...
3h
Wall Street jumps after encouraging inflation report and strong bank profits
The S&P 500 was 1.5% higher in early trading. The Dow Jones Industrial Average was up 652 points, or 1.5%, as of 9:35 a.m.
24/7 Wall St. on MSN
1h
Stock Market Today: Nasdaq Composite Rips Higher as Inflation Slows
Live Updates Make sure to refresh this page periodically for updates. Sectors Outperforming Today 11:40 am What sectors are ...
2h
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly ...
1d
Wall St slips as focus shifts to earnings, consumer inflation data
Wall Street's main indexes rose on Tuesday, as investors took comfort from a softer-than-expected producer inflation report ...
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