The stock market is traumatized. The inflation report just gave it a glimmer of hope.
Recession chatter is still making the rounds on Wall Street, but cooler inflation is quelling fears of a dire scenario for the Fed.
Why a ‘good’ CPI report on Wednesday may not be enough to turn stock-market carnage around
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Stock Market Today: Stocks higher with CPI inflation on deck
U.S. equity futures moved higher in early Wednesday trading, while Treasury yields and the dollar held steady, as investors looked to a key inflation reading that could provide and early indication to the impact of President Donald Trump's trade and tariff policies.
Here's what today's CPI report says about inflation
Inflation in February rose 2.8% on an annual basis, slightly lower than economists had forecast but continuing to signal that price hikes remain elevated despite the Federal Reserve's efforts to tame inflation to a 2% annual rate.
CPI Report Today: Dow Futures Rise Ahead of Inflation Data
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite, ahead of the CPI inflation report.
CPI big picture: Inflation still very much alive
The trend in inflation didn’t get any worse in February - in fact it got better - but price pressures are likely to linger for some time. How come? president Trump's tariffs or threatened tariffs have disrupted supply chains,
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