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Inflation Hits 3.7% as AI Stocks Come Under Pressure

Inflation is becoming Wall Street’s biggest headache again Wall Street just received another reminder that strong earnings cannot solve every problem. U.S. consumer prices climbed 3.7% in September, up from 3.4% in August and above the 3.6% economists expected. Gasoline

Weak Jobs Report Sends Stocks Higher as Fed Hike Fears Fade

Bad economic news became good news for stocks Wall Street got a surprisingly weak jobs report Friday and responded by buying stocks. The U.S. economy added just 29,000 jobs in September, while the unemployment rate edged higher to 4.2%. The

Stock Market Today: Tech Stocks Rally, Cooler PCE Cuts Fed Hike Odds

One inflation report changed the rate conversation U.S. stocks moved higher Wednesday after a cooler-than-expected inflation reading gave investors a reason to rethink the Federal Reserve’s next move. The Nasdaq Composite rose roughly 1%, while the S&P 500 added about

Copper Holds Above $14,400 as Supply Risks Stack Up

Copper is staying near record highs for a reason Copper held around $14,446 a tonne on the London Metal Exchange Tuesday, keeping the metal close to the record $14,875 reached earlier this month. The latest pressure point is Chile. Workers

Nasdaq Holds Near Record as Oil Rebounds Toward $100

AI is keeping the market afloat Wall Street spent Tuesday caught between two very different trades. The Nasdaq pushed higher and touched another intraday record as enthusiasm around artificial intelligence continued to support technology stocks. The S&P 500 was roughly

Stocks Rally as Inflation Pushes Fed Hike Odds Toward 90%

Wall Street just shrugged off a rate hike Friday gave the market a combination that normally causes trouble. Consumer prices rose 0.4% in August and 3.4% from a year ago, inflation remains well above the Federal Reserve’s 2% target, and

S&P 500, Nasdaq Rise as Inflation Cools Again

Another soft inflation print lifts stocks US stocks moved mostly higher Thursday after another inflation report showed price pressures easing. The S&P 500 gained 0.4%, while the Nasdaq Composite rose 0.2%. The Dow Jones Industrial Average slipped about 0.2%. The

Stocks Slip as US-Iran Talks Stall Before CPI

Markets lose momentum as Iran talks stall US stocks slipped Tuesday as the standoff between Washington and Tehran hardened and hopes faded for a near-term diplomatic breakthrough. The Dow Jones Industrial Average and S&P 500 moved below the flat line,

Weak July Jobs Report Gives Fed Room to Hold

July hiring came in much weaker than expected The US economy lost 23,000 jobs in July, a sharp miss against expectations for an 80,000-job gain. The weakness was not limited to one month. May and June payrolls were revised down