Bonds rally as inflation data tame key headwind for S&P 500, Fed rate cuts
The stock market's stiffest headwind, a surge in Treasury bond yields, was blown aside Wednesday by a surprisingly benign ...
Too many potential outcomes lead to reaccelerating inflation, CIO says
Jim Smigiel, chief investment officer at financial-services firm SEI, weighed in on the U.S. outlook by saying "we see too many potential outcomes leading to a reacceleration in inflation and higher ...
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Nasdaq up 2%, S&P and bonds jump with cooler core consumer inflation
Major U.S. stock averages surged Wednesday, with bank stocks climbing, and as a softer-than-expected core inflation reading ...
BlackRock's Rieder sees slow, uneven progress in U.S. inflation
Most of the meaningful progress in inflation appears to be "behind us at this stage" and price gains "may remain sticky at levels higher than the Federal Reserve would ideally like," said Rick Rieder, ...
US Consumer Inflation Rises To 2.9 Percent In December
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
Top Stock Movers Now: BNY, Goldman Sachs, BlackRock, Tesla, and More
Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.
US Consumer Inflation Rises To 2.9% In December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate ...