Get unlimited access to our best features
Subscribe now

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

Summary by Ground News
U.S. consumer-price index (CPI) report due at 8.30 a.m. Eastern. Economists forecast year-over-year CPI growth will dip from 9.1% in June to 8.7% last month. But many traders fear that if the data shows 5.9% inflation remains stubbornly high, then the more optimistic tone in stocks seen over much of the past two months will be challenged.
2 months ago·Washington, United States

News Articles

More Filters
All
Left
Center
Right
Times of IndiaTimes of India

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.​​

2 months ago·Mumbai, India
Read Full Article
ReutersReuters

Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb

Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.

2 months ago·United Kingdom
Read Full Article
CNBCCNBC

U.S. Treasury yields inch higher as investors await key inflation report

It is thought that Wednesday's inflation data could show price increases have eased following consecutive 75-basis point hikes by the Fed in June and July.

2 months ago·United States
Read Full Article
Financial PostFinancial Post

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

2 months ago·Canada
Read Full Article
Business StandardBusiness Standard

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

2 months ago·India
Read Full Article
The Daily StarThe Daily Star

Dollar edges higher as traders await US inflation report

The safe-haven dollar edged higher on Tuesday, erasing earlier losses as risk appetite dwindled ahead of key inflation figures that could offer clues on how aggressive the Federal Reserve will be in its expected interest rate hike in September.

2 months ago·Bangladesh
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

50% of the sources are Center, 50% of the sources lean Right
Reuters
CNBC
Live Mint
MarketWatch
Investing.com
Times of India
Financial Post
Business Standard
Investor's Business Daily
The Epoch Times
C 50%
R 50%
See less detail