Markets surge for third day, Gaza ceasefire & lower US inflation boost sentiment
The key equity benchmarks concluded Thursday's trading session with moderate gains, extending their winning streak to three consecutive days. The Nifty closed above the 23,300 level.PSU banks and ...
Treasury yields nudge higher from 9-day lows on cooler inflation data; retail sales up next.
Bond yields were inching up early Thursday, having plunged midweek to a 9-day low after a softer-than-expected inflation report raised hopes of more chances of interest rate cuts by the Federal ...
CNBC Daily Open: Muted CPI gives markets best day since November
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
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U.S. CPI Sparks Mixed Reactions, Shaping Fed Rate Cut Outlook
The latest U.S. Consumer Price Index (CPI) report has drawn varied responses from Wall Street, influencing Federal Reserve ...
Bitcoin Surpasses $100,000 As Political Optimism Drives Gains
Bitcoin prices rallied above $100,000 today, eliminating recent losses as anticipation surrounding crucial policy decisions ...
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.
Odds of Multiple Rate Cuts in 2025 Are Rising
In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
'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 ...
After CPI inflation data, fed-funds futures point to potential rate cut in June
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.