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Stocks rise after inflation data shows a reacceleration: Stock market news today

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August's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Interest rate futures reflected growing confidence that the U.S. central bank probably will not increase rates any further after data showed U.S. consumer prices increased by the most in 14 months in August, but the annual rise in underlying inflation was the smallest in nearly two years.

It raises the question about what the Federal Reserve will do about interest rates given its focus on bringing inflation down. Apple unveiled the iPhone 15 and Apple Watch series 9, but investors weren't exactly enthused with the new offerings, as China finally says it has not issued any ban on iPhones. The UAW negotiations with the Big Three automakers are ongoing as a strike deadline looms. Yahoo Finance Live brings you the three stories you need to be watching today.More than 1.

 

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