U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation.
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 ...
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...
MGM China saw its Q3 net revenues increase 14% year-over-year and adjusted property EBITDAR (earnings before interest, taxes, ...
Most of the meaningful progress in inflation appears to be "behind us at this stage" and price gains "may remain sticky at levels higher than the Federal Reserve would ideally like," said Rick Rieder, ...
The news lifted stocks broadly, as falling inflation is good for the economy on a number of fronts, and Home Depot could also ...