Inflation data, Fed decision in focus in busy day on Wall Street: Yahoo Finance

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There is a lot for investors to watch today on Wall Street. The May Consumer Price Index Report kicked things off early this morning. The latest read on...

There is a lot for investors to watch today on Wall Street. The May Consumer Price Index Report kicked things off early this morning. The latest read on inflation is key ahead of what happens later today when the Federal Reserve releases its latest decision on interest rates at 2 pm ET. Economists expect the central bank to hold rates steady, but they think the morning’s inflation reading could impact how many rate cuts policymakers project in the coming months.

Money expert Kelley Keehn simplifies the proposed changes to the capital gains tax and offers actionable advice. Learn what capital gains tax is, grasp the proposed changes targeting wealthy Canadians, and understand their potential impact on families. Plus, learn about practical steps to safeguard your assets in light of these reforms.Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing.

Small-cap bullish stocks can be powerful growth picks, but only if you can get in and out at the correct times. Otherwise, the correction can erode your gains quite rapidly. The post This Under-the-Radar Canadian Stock Rose 870 Percent in 2 Years appeared first on The Motley Fool Canada.When looking for stocks that can be used to build generational wealth, you have to evaluate the business model for its longevity.

 

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Stock market today: Asian markets follow Wall Street higher ahead of key inflation updateHONG KONG (AP) — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. A report...
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