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Stock Market Live October 24: S&P 500 (SPY) Running on Lower Than Expected Inflation
Lower inflation at 3% and strong earnings from Intel and Procter & Gamble support expectations of Federal Reserve interest rate cuts this year, analysts say.
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Stock Market Live October 24: S&P 500 (SPY) Running on Lower Than Expected Inflation
Live Updates Live The major indices could see higher highs, especially with inflation cooler than expected. In fact, CPI, or the consumer price index, hit 3%, which was lower than the 3.1% expected for September. Then, once we cut out food and energy, core CPI showed a 0.2% monthly gain and an annual rate also at 3%, compared to estimates of 0.3% and 3.1%, respectively. The Dow is up about 400 points. The S&P 500 is up about 55, as the NASDAQ t…
·New York, United States
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Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
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