Jamie Dimon says there are two big risks to the US economy - even as stocks rip higher
JPMorgan CEO Jamie Dimon on Wednesday highlighted two significant risks to the US economy . The veteran banker described the ...
Wall St surges as inflation data, bank earnings fuel rally
U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than ...
Wall Street rips higher on inflation data and strong bank profits
Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in ...
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
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' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Wall Street rallies on robust bank earnings and positive news on inflation
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks ...
Why 2025 could be a great year for skittish investors to jump into the stock market
The stock market may be moving toward an "opportunity zone," and strategists see a healthy correction coming that could set ...
Why stocks and bonds are on a tear today
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
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Stock market today: Wall Street rips higher after inflation data and strong bank profits
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
2-year yield plunges by most since September on mild core CPI inflation reading
Treasury yields broadly fell on Wednesday after the U.S. consumer-price index report for December included a softer-than-expected monthly core reading of 0.2%, below the 0.3% reading that had been ...