S&P 500, Dow, Nasdaq open down. Inflation unexpectedly accelerates, and it's not just eggs

The Straits Times

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S&P 500 ends down as hot US inflation data hints at fewer rate cuts

Nvidia and Amazon dipped, with the two AI computing heavyweights weighing on the S&P 500.

USA Today

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S&P 500, Dow, Nasdaq open down. Inflation unexpectedly accelerates, and it's not just eggs

US stocks fell at the open after January inflation unexpectedly heated up, likely keeping rates steady. Some economists say the easing cycle is over.

economx.hu

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In the case of a bunch of products, the “average consumer” may feel that the price of everything has skyrocketed in the past ten years, but the statistics somewhat paint a different picture – although it is not necessarily always the case that prices have skyrocketed, because even if they have not skyrocketed, they have jumped significantly. However, – also according to official statistics – salaries have also increased significantly in the past…

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Inflation Accelerated in January

Inflation edged up to a six-month high in January and showed little progress from a year ago. The persistent inflation rate indicates the last mile to the Fed’s 2% target continues to be challenging and is consistent with the Fed’s cautious stance amid solid economic growth and growing uncertainty. While core inflation remained stubborn due...