US Stocks: US Market Opens Higher as Soft Inflation Data Eases Rate-Hike Fears
The Dow, S&P 500 and Nasdaq each rose at the open as traders bet the Federal Reserve may delay rate increases.
- Wall Street's main indexes opened higher on Wednesday, September 30, 2026, as a softer-than-anticipated inflation reading eased fears about Federal Reserve rate hikes; the Dow Jones Industrial Average rose 74.9 points, or 0.15 per cent.
- Consumer prices rose 3.4 per cent year-over-year, according to Wednesday's report, falling short of the 3.7 per cent increase economists expected, easing concerns about Federal Reserve action.
- Both the S&P 500 and Nasdaq Composite posted gains, with the S&P 500 rising 0.24 per cent to 7,688.99 and the Nasdaq Composite climbing 0.36 per cent to 26,892.796.
- Traders pared back bets that the Federal Reserve will raise its main interest rate next month, with market data now indicating just a 35 per cent chance of a hike.
- The 10-year Treasury yield edged down late Tuesday, supporting the broader stock market by making borrowing money more expensive for everyone and slowing the overall economy.
24 Articles
24 Articles
U.S. Stocks Mostly Higher As Inflation Data Eases Rate Hike Concerns
Stocks have moved mostly higher during trading on Wednesday, with the major averages all moving to the upside after ending yesterday's choppy trading session modestly lower. The tech-heavy Nasdaq has helped lead the charge. The strength on Wall Street comes following the release of the Federal Reserve's preferred readings on consumer price inflation.
Inflation reassures, and rates breathe. But the whole mass is not yet said. ...
On the 30th (local time), the three major indices of the New York Stock Exchange began to rise all at once. Concerns about further interest rate increases in the Federal Reserve System (Fed) were mitigated somewhat as the US inflation rate in August fell short of market expectations. According to the New York Stock Exchange at 10:04 a.m. on the same day, the Standard & Poor's (S&P) 500 index rose 33.63 points (0.44%) from the closing price of 76…
The Herald Journal
Richmond RegisterWall Street holds steadier following a potentially encouraging update on inflation
Some of the pressure that’s ballooned in the bond market is easing after a report said inflation across the United States wasn’t as bad last month as economists expected. The better-than-expected data helped some Treasury yields pull back a bit…
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