US Stocks Surge as S&P 500 Shrugs Off Hot Core CPI Data
August core CPI rose more than forecast, likely cementing a Federal Reserve rate hike. However, S&P 500 futures and bonds rallied following the release.
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August core CPI rose more than forecast, likely cementing a Federal Reserve rate hike. However, S&P 500 futures and bonds rallied following the release.
US stock futures wobbled as major indexes headed for weekly losses ahead of critical CPI data. Surging Brent crude above $106 per barrel has heightened inflation concerns, driving market expectations…
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Oil prices fell sharply as direct U.S.-Iran military conflict was avoided, easing supply disruption fears. However, prices remain historically high, fueling inflation and increasing the likelihood of…