The Dow Jones Industrial Average jumped over 700 points after Wednesday's inflation report pleased investors. Nvidia rebounded, while Microsoft gave quantum stocks a boost in the stock market today.
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
XRP's price hit an all-time high on Wednesday, potentially opening a path for the cryptocurrency to reach as high as $4.40, one technical analyst said.
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
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 ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
But the recent market slump has been mild, with the Dow losing just 3% over the prior eight trading days. That’s barely a blip in the big picture. Not only that, but the losses have been mostly ...
New York (CNN) — The world’s most famous market indicator just suffered its longest losing streak since Jimmy Carter was in the White House. The Dow Jones Industrial Average closed lower on ...