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

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.

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Stock market today: Wall Street opens higher as an inflation reading comes in as forecastNEW YORK (AP) — U.S. stocks are edging higher after the latest reading on inflation came in roughly as expected, leaving open the question of when Wall Street will get the lower interest rates that it craves. The S&P 500 was 0.
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Stock market today: Wall Street rallies to records after inflation finally slowsNEW YORK (AP) — U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The S&P 500 jumped 1.2% Wednesday to top its prior all-time high set in March. The Nasdaq composite added 1.
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Stock market today: Wall Street opens higher following report that inflation eased last monthNEW YORK (AP) — Stocks are rising with hope that inflation is finally heading back in the right direction. The S&P 500 is flirting with the record it set a month and a half ago. A stall in spending by U.S.
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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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