Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
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 choppy start to 2025 for the stock market has not been caused by any fundamentally negative economic news, and underlying trends remain favorable for equities, according to Solita Marcelli, chief ...