US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Wednesday's "most important inflation reading in recent memory" has come and gone, and so far, traders of stock index futures and Treasury bonds are loving it. But while a softer-than-expected reading ...
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.
Donald Trump’s second term may reshape Asia’s economy through trade policies, impacting countries reliant on US trade. While ...
Following the lackluster performance seen in the previous session, stocks are likely to show a strong move to the upside in early ...
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly ...
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Dow Jones Industrial Average was up 610 ...