Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and highly anticipated inflation numbers that came in cooler than expected.
Stock Market Today: Dow Jones Soars 700 Points As Inflation Cools; Nvidia Rebounds As Quantum Stocks Fly (Live Coverage)
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. The consumer price index trended lower in December.
Dow Jones Futures Rise On Surprise Inflation Report
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
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US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
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 ...
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
Among the Dow Jones Industrial Average's 30 components, there are two historically cheap brand-name companies, as well as a ...
Now even the Dow is falling. The blue-chip index joined the S&P 500 and Nasdaq Composite in letting go of earlier gains in the face of rising bond yields. The Dow was down 75 points, or 0.2%. The S&P ...
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
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