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Wall St rallies as cooling inflation boosts peak rate bets
By Sruthi Shankar and Amruta Khandekar (Reuters) – Wall Street’s main stock indexes climbed on Tuesday as cooler-than-expected inflation data boosted expectations that the Federal Reserve was done raising interest rates and could start cutting them next year. Both the S&P 500 and the tech-heavy Nasdaq were at a two-month high after data showed that […]
Wall St rallies as cooling inflation boosts peak rate bets
By Sruthi Shankar and Amruta Khandekar (Reuters) – Wall Street’s main stock indexes climbed on Tuesday as cooler-than-expected inflation data boosted expectations that the Federal Reserve was done raising interest rates and could start cutting them next year. Both the S&P 500 and the tech-heavy Nasdaq were at a two-month high after data showed that […]
Wall Street surges at open after soft inflation data
By Sruthi Shankar and Amruta Khandekar (Reuters) – The main U.S. stock indexes were poised for strong opening gains on Tuesday after cooler-than-expected inflation data boosted expectations that the Federal Reserve was done raising interest rates. Data showed that U.S. consumer prices were unchanged in October amid lower gasoline prices, and underlying inflation showed signs […]
Wall Street surges at open after soft inflation data
By Sruthi Shankar and Amruta Khandekar (Reuters) – The main U.S. stock indexes were poised for strong opening gains on Tuesday after cooler-than-expected inflation data boosted expectations that the Federal Reserve was done raising interest rates. Data showed that U.S. consumer prices were unchanged in October amid lower gasoline prices, and underlying inflation showed signs […]
Futures extend gains after October CPI data
(Reuters) – U.S. stock index futures extended gains on Tuesday as cooler-than-expected inflation data bolstered expectations that the Federal Reserve is done with its interest rate-hiking campaign. The Labor Department’s report showed the consumer price index (CPI) rose 3.2% on an annual basis, compared to expectations of a 3.3% increase, according to economists polled by […]
Futures extend gains after October CPI data
(Reuters) – U.S. stock index futures extended gains on Tuesday as cooler-than-expected inflation data bolstered expectations that the Federal Reserve is done with its interest rate-hiking campaign. The Labor Department’s report showed the consumer price index (CPI) rose 3.2% on an annual basis, compared to expectations of a 3.3% increase, according to economists polled by […]
Google wraps up defense in major antitrust lawsuit
Google (NASDAQ:GOOGL) has concluded its defense in a significant antitrust case heard by Judge Amit P. Mehta at the U.S. District Court for the District of Columbia, where it stands accused by the Justice Department and several state attorneys general of illegally monopolizing the search and advertising markets. A decision in the case is expected […]
Futures edge higher ahead of inflation data
(Reuters) – U.S. stock index futures edged higher on Tuesday as investors awaited a key inflation reading to gauge the Federal Reserve’s monetary policy path. After enjoying strong gains on Friday, the main stock indexes stalled on Monday as investors waited for consumer prices data to assess if the U.S. central bank was nearly done […]
Google wraps up defense in major antitrust lawsuit
Google (NASDAQ:GOOGL) has concluded its defense in a significant antitrust case heard by Judge Amit P. Mehta at the U.S. District Court for the District of Columbia, where it stands accused by the Justice Department and several state attorneys general of illegally monopolizing the search and advertising markets. A decision in the case is expected […]
Futures edge higher ahead of inflation data
(Reuters) – U.S. stock index futures edged higher on Tuesday as investors awaited a key inflation reading to gauge the Federal Reserve’s monetary policy path. After enjoying strong gains on Friday, the main stock indexes stalled on Monday as investors waited for consumer prices data to assess if the U.S. central bank was nearly done […]
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