Stocks rallied on Friday after September’s inflation report came in slightly better than expected. But on Main Street, the relief is harder to find. The headline Consumer Price Index rose 3% from a year earlier, a tenth of a percentage point below estimates, giving the Fed some breathing room to press ahead with another rate…
US stocks surged to record highs on Friday as investors digested a crucial inflation report that helped cement expectations for the Federal Reserve’s next policy moves. The Dow Jones Industrial Average (^DJI) rose 1%, or over 450 points. The S&P 500 (^GSPC) gained 0.8%, while the Nasdaq Composite (^IXIC) jumped 1.2%. The September inflation data…
US stock futures made gains flat Thursday night as investors looked ahead to a crucial inflation report that could shape expectations for the Federal Reserve’s next policy moves. Dow Jones Industrial Average futures (YM=F) inched up 0.1%. Contracts on the S&P 500 (ES=F) made 0.2% gains while Nasdaq 100 futures (NQ=F) rose 0.3%. All eyes…
Final results for the University of Michigan’s September consumer sentiment survey released Friday showed sentiment slipped more than expected over the past month. The index of consumer sentiment fell to 55.1 — lower than the 55.4 projected by economists tracked by Bloomberg as well as the 58.2 in August and 70.3 the prior year. Preliminary…
US stocks rose on Friday as investors weighed President Trump’s fresh round of punishing tariffs and breathed a relative sigh of relief over an inflation report that came in line with expectations. The Dow Jones Industrial Average (^DJI) rose roughly 0.6%, leading gains, while the S&P 500 (^GSPC) gained 0.5%. The tech-heavy Nasdaq Composite (^IXIC)…
The S&P 500 (^GSPC) is set to hit another record close on Tuesday and close above 6,400 for the first time ever. As has been the case for much of the bull market that started in October 2022, large-cap technology stocks are driving the market’s latest leg higher. “Investors are back to their usual embrace…
Tilray (TLRY) stock rose another 10% in premarket trading on Tuesday after soaring 41% on Monday amid speculation that President Trump may move to reclassify marijuana as a less dangerous drug. The Canadian cannabis company traded hands at over $1 per share for the first time since February. Despite a 60% gain in the past…
Tilray (TLRY) stock rose another 10% in premarket trading on Tuesday after soaring 41% on Monday amid speculation that President Trump may move to reclassify marijuana as a less dangerous drug. The Canadian cannabis company traded hands at over $1 per share for the first time since February. Despite a 60% gain in the past…