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The Consumer Price Index (CPI) showed prices ticked up slightly at 0.1% over last month and 3.1% over the prior year in November, as Yahoo Finance's Alexandra Canal reported.
Other media stocks rallied after the news. Meanwhile, shares in Arm ( ARM ) slid as investors digested its first post-IPO results , as well as the $6.2 billion quarterly loss posted by the chip ...
October 30, 2023 at 4:02 PM. US stocks rallied on Monday after a bruising sell-off as investors looked ahead to a big week of events, with the Federal Reserve's latest policy decision and earnings ...
Stocks closed higher on Monday following an uneven start to the trading day as investors look ahead to a crucial inflation update and the Federal Reserve's last policy decision of the year. The ...
Stocks closed in the green on Monday, after notching their third straight week of wins as hopes for a retreat in US interest-rate hikes persisted.. The S&P 500 closed up 0.7%, while the Dow Jones ...
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Bets on future rate hikes shifted on the news. According to the CME FedWatch Tool, investors have priced in a 73% chance that the Fed holds rates steady through its January meeting. A day prior ...
Stocks inched higher on Wednesday amid a shortened week of trading and few major catalysts to drive market action. The S&P 500 neared an all-time high close of 4,796.56 on Wednesday but couldn't ...