A softer-than-expected CPI reading helped force the 10-year Treasury yield down 13.4 basis points, its biggest daily drop since late November, to 4.653%, the lowest since January 6, according to Dow ...
It did not help that a number of investment banking companies downgraded the company’s rating from overweight to equal-weight ...
Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in ...
Tyner said he'll be looking for resistance in stocks if the S&P 500 index SPX approaches the 5,975 level. It gained 1.8% on Wednesday, ending at 5,949 and scoring its best day in 10 weeks, according ...
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
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 ...
US consumer inflation rose for a third straight month in December, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Wednesday’s report from the Labor Department showed that the consumer price index rose 2.9 percent in December from a year ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...