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US Stocks Surge Despite Hot CPI as Brent and WTI Crude Slide 3%

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Major U.S.
  • stock indexes gained over 1% as all sectors advanced, led by technology, despite August CPI accelerating to 0.4% month-over-month.
  • Fed rate hike expectations rose to 86%, while the VIX declined.
  • In commodities, both Brent and WTI crude fell over 3%.
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104.61 +64.07% over the displayed period

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