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.
Wall Street opens little changed after in-line inflation data
(Reuters) - Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December. The Dow Jones Industrial Average fell 30.5 points, or 0.07%, at the open to ...
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Dow, S&P 500 edge higher after inflation data keeps Fed rate-cut hopes intact
The S&P 500 and the Dow edged higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December. The consumer price index rose 0.
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October's annual inflation rate may have ticked up for the first time in seven months, after more than two years of gradual cooling.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.
US Dollar rises to near 7-month high as inflation data hints Fed's rate cuts strategy
The US dollar rose to its highest level since April 16, fueled by Donald Trump's victory in last week's U.S. presidential elections. The dollar index rose 0.33 per cent to 106.34 after hitting as high as 106.
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 moved slightly on Wednesday after fresh inflation data aligned with expectations, leaving investors ...
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