U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation.
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
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US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...