Stock Market Today: Tech Stocks Rally as CPI Supports Lower Rates
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates. The gauge increased 0.3% in November, or the same rate seen over the previous three months. Annual core CPI advanced 3.3% to match consensus expectations.
Stock Market Today: Dow ends lower for 4th straight day as stocks pause year-end rally ahead of CPI report
The Dow Jones Industrial Average was off 154.10 points, or nearly 0.4% to end around 44,247.83. The blue-chip index fell for a fourth consecutive day and suffered its largest four-day decline since Nov. 15, according to Dow Jones Market Data.
Investment pros at wealth management companies see a positive year ahead but differ in their levels of optimism.
The U.S. Bureau of Labor Statistics CPI report showed inflation rose modestly in November at 2.7%, bolstering expectations of another interest-rate cut by the Federal Reserve. Follow along for live ...
Stocks surged Wednesday, led by a rally in shares of major technology companies that boosted the Nasdaq Composite to a record high above 20,000 points.
Stocks are at risk heading into 2025, and historically high valuations mean that even slight disappointments could spark a ...
And last December, I updated my list of top 10 stocks for 2024, which have again outperformed the market. With $10,000 ...
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Shares are mostly higher in Asia after a slide for market superstar Nvidia helped pull U.S. stock indexes below their latest ...
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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