Stocks are readying to open higher after this morning's inflation report confirmed that price growth remains contained, giving the Federal Reserve more room to cut interest rates. Futures tracking the ...
India’s retail inflation dipping to a 75-month low of 2.82 percent in May comes as a relief for the Reserve Bank of India’s (RBI) monetary policy committee. For the fourth straight month, headline ...
What Happened: Bitcoin nearly reached $105,000 late afternoon before reversing course to the mid-$103,000s. Ethereum breached $2,700 for the first time since Feb. 25, helped by a 9% rally over the ...
US stocks jumped on Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation. The Dow Jones Industrial ...
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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 ...
Inflation data came in better than expected this morning. Treasury yields fell, sending tech and AI stocks higher. The market found relief after concerns of inflation reverting higher led investors to ...
After a rocky start to the week, Wall Street is gaining momentum. Investors are reacting positively to December's consumer price index (CPI) reading, marking the second cooler-than-expected inflation ...
On Tuesday Wall Street moved sharply higher, after the latest producer inflation data came in much softer than expected. Rates eased back. The 10-year Treasury yield (US10Y) moved back below 4.80%, ...
As investors look ahead to a Federal Reserve interest rate cut in September, forecasts for the July Consumer Price Index report call for another tame reading on inflation, even though gas prices could ...
Global inflation could see a resurgence as the Olympics and Taylor Swift concerts drive demand. Mega-events tend to spike hotel and transportation costs, UBS said. Inflation in Europe and the US has ...
(Sharecast News) - London stocks had popped into the black by midday on Wednesday as data showed that annual consumer price inflation eased to the Bank of England's 2% target in May, but services ...
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