Stock Market Today: S&P 500 ekes gain as yields rebound to cool recent rally

Investing.com-- The S&P500 eked out a gain Wednesday, as Treasury yields rebounded from session lows despite in-line inflation data teeing up a December rate cut.rose 2.6% last month on an annualized basis, compared to 2.4% in September. Month-on-month, the figure came in at 0.2%, matching September's pace.

The"core" reading, stripping out more volatile items like food and fuel, rose 3.3% year-on-year and 0.3% on a monthly basis, in line with September."This release supports our call for a 25 bps cut from the FOMC in December," Macquarie said in a Wednesday note.VW's plans to invest up to $5.

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