Stock market bulls are regaining control, and only inflation stands in their way

) extended their winning streaks to four days on Wednesday, leaving the major US stock indexes broadly positive after two disappointing months of losses.

The investment bank is still placing ~5% odds on a month-over-month number that comes in above 0.6%, and 27.5% odds we see inflation rise between 0.4% and 0.6% from the prior month. Fed Chair Jerome Powell speaks at a teacher town hall meeting at the Federal Reserve on Sept. 28, 2023, in Washington, D.C.

Now, historically, the VIX tends to peak twice in October, then trend downwards into the end of the year. That first peak is officially in the rearview mirror as of today.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks climb amid hopes Fed is done with hikes: Stock market news todayDovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks climb, yields plop amid hopes Fed is done with hikes: Stock market news todayDovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks waver after wholesale inflation data surprises: Stock market news todayAfter the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks waver after inflation data surprise, Fed minutes: Stock market news todayWall Street is looking ahead to consumer inflation data on Thursday for more insight into the Fed's next move.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »