News Formal

Inflation data boosts rate cut hopes: Market takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Alexandra Canal News

Federal Reserve,Consumer Price Index

Stocks ended the day higher (^DJI,^GSPC, ^IXIC) after the July Consumer Price Index report showed inflation is continuing to cool and giving investors...

) after the July Consumer Price Index report showed inflation is continuing to cool and giving investors assurance that the Federal Reservetakes a closer look at what drove trading on Wednesday, including the decline in volatility and the ongoing concerns about the tech sector.Stocks closing higher after a key inflation made measure increases at the slowest pace in three years here with the trading day takeaways.

You can see the trough right there for the dow and then we've started to recover some of those losses.But I want to really highlight the Vicks because that's something that we've seen really have this record retreat.And I was reading a note from that sort of reminded me about how we all just need to take a chill pill.

I want to take a look at a heat map here because the NASDAQ was significantly under pressure throughout the session.But you're seeing alphabet closed down more than 2% Tesla, another mag seven name closing down more than 3%. BEREA, Ohio — Cleveland Browns rookie defensive tackle Mike Hall Jr. got hurt in practice on Wednesday, one day after he was arrested and charged with domestic violence for allegedly putting a gun to his fiancee's head during an argument.Motorcyclist pleads guilty to vehicular homicide and gets 17 years for Georgia state trooper's death

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Stocks rise as key inflation measure increases at slowest pace since 2021Wall Street awaited a key signal on consumer prices that is set to help shape the near-term future of interest-rate policy
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks edge higher as key inflation report matches expectationsWall Street awaited a key signal on consumer prices that is set to help shape the near-term future of interest-rate policy
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Tech stocks lead rally after inflation data sets table for CPIInvestors are anxious for several economic datapoints this week, starting with inflation.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks jump as key inflation data comes in coolInvestors are anxious for several economic datapoints this week, starting with inflation.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks waver ahead of key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks edge higher ahead of key signals on inflation, economyWall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'
Source: YahooFinanceCA - 🏆 47. / 63 Read more »