Dow futures surge over 400 points after CPI data shows cooling inflation in July

Wall St climbs as signs of cooling inflation ease rate hike bets; Dow up 500 pts

At 9:46 a.m. ET, the Dow Jones Industrial Average was up 513.98 points, or 1.57%, at 33,288.39, the S&P 500 was up 73.23 points, or 1.78%, at 4,195.70, and the Nasdaq Composite was up 282.51 points, or 2.26%, at 12,776.44

Wall Street Opens Higher as Bets on Big Rate Hikes Ease After Inflation Data

Wall Street rose sharply at the open on Wednesday as data showed a slower-than-expected rise in inflation last month prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September. The Dow Jones Industrial Average rose 356.22 points, or 1.09 percent, at the open to 33,130.63. The S&P 500 opened higher by 58.55 points, or 1.42 percent, at 4,181.02, while the Nasdaq Composite gained 299.51 points, or 2.40 per…

Dow jumps 400 points, Nasdaq surges 2% as Fed hike bets recede after inflation data

The S&P 500 halted a four-day losing streak, while the tech-heavy Nasdaq 100 outperformed.​​

Wall St opens higher as bets on big rate hikes ease after inflation data

Wall Street rose sharply at the open on Wednesday as data showed a slower-than-expected rise in inflation last month prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September. Read More

Stocks Surge On Cool CPI Inflation Data

Tesla Chief Executive Elon Musk sold nearly $7 billion worth of Tesla stock.

Dow jumps 500 pts as bets on big rate hikes ease after inflation data

Fed now seen delivering 50 bps hike in September; US consumer price growth unchanged for July; Musk sells Tesla shares worth $6.9 bn