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Inflation Data Boots Wall Street

Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact

The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.

Inflation Data Boots Wall Street as Stocks Hover Near Records

The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.

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Sticky inflation might make it more tricky for Fed rate cuts, CPI could show

A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.

9h

Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact

The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.

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Wall Street Reacts to the Fed Decision

Here's what Wall Street has to say following the Fed's quarter-percentage-point rate cut: "The potential for future trade and ...

3d

Wall Street Brunch: Time To Eye The CPI

The core CPI is expected to have risen 0.3% in October. Disney, Home Depot, Alibaba highlight earnings calendar. Bitcoin hits ...

6d

US Fed Meeting Live Updates: Wall Street cheers Fed rate cut, US election results; S&P, Nasdaq close at record high

Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the ...

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