Wall Street drifts near record highs after an in-line inflation report ...

3 days ago · NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates.. The S&P 500 was nearly unchanged and edged up by less than 0.1%, …

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Wall Street Drifts Near Record Highs After An In-line Inflation Report ...

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Wall Street Drifts To A Mixed Finish After An Inflation Update

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3 days ago · The yield on the 10-year Treasury, which takes future economic growth into account, fell initially after the inflation report. But it pared its loss and eventually rose to 4.45%, up from …

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Wall Street Drifts After Another Inflation Report As Worries About ...

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Apr 11, 2024 · NEW YORK — U.S. stocks are drifting Thursday, a day after tumbling on worries that interest rates may stay high for a while. The S&P 500 was 0.3% lower in morning trading, …

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Stock Market Today: Wall Street Drifts After Inflation Update Comes …

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3 days ago · Stocks got support from easing yields in the bond market, and the yield on the 10-year Treasury fell to 4.38% from 4.43% late Tuesday. It sank after a report said the inflation …

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Wall Street Drifts After Another Inflation Report As Worries About ...

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Apr 11, 2024 · ASSOCIATED PRESS NEW YORK — U.S. stocks are drifting Thursday, a day after tumbling on worries that interest rates may stay high for a while. The S&P 500 was 0.3% …

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Stock Market Today: Asian Shares Retreat After Wall Street's Mixed ...

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2 days ago · Earlier in the day, it had wavered after a report showed prices paid at the U.S. wholesale level were 2.4% higher in October from a year earlier. That was an acceleration …

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Wall Street Rebounds Following Its Slide As Big Tech Takes The Reins …

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Apr 11, 2024 · The S&P 500 rose 38.42 points, or 0.7%, to 5,199.06 and recovered most of its prior loss, caused by worries that interest rates may stay high for a while. The Nasdaq …

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Wall Street Slips After Another Report On Inflation That Was Worse …

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Mar 14, 2024 · On Wall Street, Dollar General swung sharply despite reporting stronger profit and revenue for the latest quarter than expected. Its stock fell 5.1% after being up more than 6% …

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Wall Street Drifts After Inflation Update Comes In As Expected

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3 days ago · Treasury yields mostly fell after a report said the inflation that U.S. consumers felt last month was exactly as economists expected. It accelerated to 2.6% from 2.4%, but an …

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Wall Street Drifts After Another Inflation Report As Worries About ...

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Apr 11, 2024 · NEW YORK (AP) — U.S. stocks are drifting Thursday, a day after tumbling on worries that interest rates may stay high for a while. The S&P 500 rose 0.2% in afternoon …

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Stock Market Today: Wall Street Drifts After Another Inflation Report ...

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NEW YORK (AP) — U.S. stocks are drifting Thursday, a day after tumbling on worries that interest rates may stay high for a while. The S&P 500 rose 0.2% in afternoon trading, coming …

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FAQs about Wall Street drifts near record highs after an in-line inflation report ... Coupon?

Why did Wall Street fear high inflation?

Even more than high inflation itself, Wall Street’s fear was focused on the medicine the Federal Reserve traditionally uses to treat it. That’s high interest rates, which press the brakes on the economy by making borrowing more expensive and hurting prices for stocks and other investments. ...

What happened to the Treasury yield after inflation report?

Those expectations sent the yield for the two-year Treasury down to 4.27% from 4.34% late Tuesday. The yield on the 10-year Treasury, which also takes future economic growth more into account, fell initially after the inflation report. But it pared its loss and eventually rose to 4.45%, up from 4.43% late Tuesday. ...

Why did US stocks drift to a mixed finish Wednesday?

(AP Photo/Peter Morgan, File) NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates. ...

Why are US stocks drifting near their records Wednesday?

NEW YORK (AP) — U.S. stocks are drifting near their records Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 was virtually flat in morning trading, coming off its first loss since before Election Day last week. ...

What happened to Wall Street?

AP Writers Matt Ott and Zimo Zhong contributed. Wall Street returned to record heights and capped a punishing, two-year round trip dogged by high inflation and worries about a possible recession. ...

Why were Wall Street's indexes higher on Wednesday?

Nov 13 (Reuters) - Wall Street's main indexes inched 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. ...