Markets rally on cooler inflation data
14 Apr 2023 - Stocks jumped Thursday as traders cheered another report pointing to cooling US inflation.
14 Apr 2023 - Stocks jumped Thursday as traders cheered another report pointing to cooling US inflation.
13 Apr 2023 - Stocks fell Wednesday as recession concerns weighed on Wall Street, even as traders assessed the release of cooler-than-expected inflation data.
12 Apr 2023 - Investors are bracing for a one-two punch on inflation in the coming days, starting with tomorrow’s Consumer Price Index data and Thursday’s Producer’s Price Index. The two reports will be the biggest readings on inflation ahead of the Fed’s next interest rates decision on May 3.
11 Apr 2023 - The S&P 500 ticked slightly higher Monday as investors looked ahead to key inflation data this week.
06 Apr 2023 - The Nasdaq Composite fell on Wednesday for a third-straight losing session as investors shifted away from growth stocks amid signs that the US economy is weakening.
05 Apr 2023 - The Dow Jones Industrial Average fell nearly 200 points on Tuesday as traders assessed a spike in oil prices and what that could mean for the global economy.
04 Apr 2023 - The Dow Jones Industrial Average added more than 300 points overnight, as Wall Street shows resilience despite an oil output cut from OPEC+ that threatens to stoke inflation and recession fears.
03 Apr 2023 - Stocks climbed higher on Friday to end the quarter with a bang after the market got a boost after the Fed’s preferred inflation gauge showed a cooler-than-expected increase in prices.
31 Mar 2023 - The S&P 500 rose Thursday, as investors bet the worst of the regional bank crisis has passed. Weekly jobless claims increased by 7,000 to 198,000, adding to hopes that the Federal Reserve could slow down its tightening campaign because the labor market is cooling.
30 Mar 2023 - Stocks rose broadly Wednesday, as strong gains in tech helped the Nasdaq rebound after a losing session. Sentiment was also lifted by easing concerns around the state of the banking sector.