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Wall Street · New YorkMANILA, Philippines (AP) — World shares mostly rose on Friday, tracking Wall Street’s record-setting run the previous day after a mixed set of U.S. data bolstered expectations that the Federal Reserve will cut interest rates to boost the economy. European shares were mixed in early trading after opening higher. Germany’s DAX edged down 0.3% to 23,628.56. The CAC 40 in Paris fell 0.5% to 7,784.93. Britain’s FTSE 100 added nearly 0.3% to 9,323.66.…See the Story
Wall Street Quietly Mixed as Markets Bank on an Interest Rate Cut From the Federal Reserve Next Week
65% Center coverage: 63 sources
Wall Street · United StatesBy John Towfighi, CNN New York (CNN) — Stocks hit record highs Thursday after August inflation data mostly matched expectations, reaffirming investors’ hopes that the Federal Reserve will cut interest rates in September. The Dow rose 617 points, or 1.36%, and closed at 46,108, crossing the 46,000-point mark for the first time. It’s a symbolic milestone for the blue-chip index, and emblematic of the stock market’s persistent rise despite tariff u…See the Story
Dow Crosses 46,000: Stocks Hit Record Highs as Wall Street Embraces Fed Rate Cut Hopes
52% Center coverage: 29 sources
Finance · United StatesU.S. stock futures were rising on Thursday following Wednesday’s mixed close. Futures of major benchmark indices were higher. Economists forecast that the August Consumer Price Index will show headline inflation climbing to 2.9% year-over-year, up from 2.7% in July. If confirmed, that would be the highest annual pace since January 2025. Thursday’s sentiment was driven by wholesale price data, as the Producer Price Index slipped 0.1% in August, c…See the Story
Stock Market Today: S&P 500, Nasdaq Futures Rise Ahead Of August CPI Print—Kroger, RH, Adobe Earnings In Focus - SPDR S&P 500 (ARCA:SPY)
46% Center coverage: 15 sources
