Stock Market Today: Dow ends down nearly 100 points, S&P 500 edges up ahead of CPI inflation report
The 2-year rate finished at 3.608% or its lowest level since Sept. 12, 2022. Meanwhile, the 10-year yield fell to 3.643% or its lowest closing level since June 1, 2023. The 30-year rate ended at 3.954% or the lowest level since Dec. 27.
August CPI report shows 0.2% inflation rise, Fed still expected to cut interest rates
The Consumer Price Index rose 0.2% in August, the same as July, putting the 12-month inflation rate at 2.5%. CBS News contributor Javier David has a look at the numbers and what they might mean for interest rates.
Wednesday’s Consumer Price Index report was the last bit of hope for investors clamoring for a half-point rate cut from the ...
Boeing's stock was dropping toward a near two-year low, as a negative credit review by Moody's added insult to the injury of the aerospace giant's [first labor strike in 16 years]( ...
The major market averages inched higher on Friday, as discussions on rate cuts take the spotlight, ahead of the Federal ...
For Intel (NASDAQ:INTC), 2024 has been nothing short of disastrous. Once a Silicon Valley pioneer, the company now finds ...
The S&P 500 and Nasdaq got a boost from tech. The stock market zigged and zagged after CPI inflation data and ahead of next ...
Dow said its third-quarter results are expected to come in lower after an unplanned event in late July at an ethylene cracker in Texas.
Underlying inflation showed some stickiness, which could discourage the Fed from delivering a half-point rate cut next week ...
U.S. chemicals maker Dow lowered its third-quarter revenue forecast on Thursday due to an unplanned event at one of its plants in Texas.
The Dow Jones Industrial Average is supposed to represent the 30 companies that are cornerstones of the US economy, those ...
Traders in swaps markets predicted a 47 per cent chance that Fed officials could opt for a bumper cut at a meeting in Jackson ...
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