Nasdaq up 2%, S&P rises as core CPI inflation cools; give way


The New York Stock Exchange opens its first day of trading in 2025

News by Spencer Platt/Getty Images

Major US stocks rose on Wednesday afternoon, with bank shares increase, and how a softer-than-expected core inflation reading supported the view that the Federal Reserve should continue to cut interest rates.

The December consumer price index report too



Source link

  • Related Posts

    What are the terms of the Israel-Hamas ceasefire agreement?

    After 15 months of devastating war, Israel and Hamas on Wednesday agreed to a ceasefire deal that will end the conflict in Gaza and ensure the release of the remaining…

    Market Update: GS, JPM, TJX, ULTA

    Market Update: GS, JPM, TJX, ULTA Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *