CNBC Daily Open: Muted CPI gives markets best day since November
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
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Asian stocks gain after US core inflation cools
Benchmarks in Australia, Japan and South Korea all notched gains. The S&P 500 closed Wednesday 1.8% higher, the benchmark’s ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Core CPI report offers 'some relief' that could allow the Fed to cut rates in 2025, analyst says
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...
Dow rises over 600 points as Wall Street sees best CPI day since at least late 2023
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 ...
Dow Jones Industrial Average climbs 800 points after US CPI inflation print
The Dow Jones Industrial Average (DJIA) climbed around 750 points at its peak on Wednesday, pushing into the bullish side to ...
Core CPI rises less than forecast as inflation pressures ease slightly in December
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Gold rally stalls with awaited CPI release just around the corner
Gold bulls have avoided re-entering the pennant chart formation and sent prices back above the descending trend line. From ...