Stock market today: Indexes eke out another record close as traders brace for new economic data
The S&P 500 and the Nasdaq managed to secure another record close after struggling for direction in much of Tuesday's session.
Economic Data
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease more cautiously after last month's jumbo rate cut.
Inflation unexpectedly creeps up
Inflation as measured by the consumer price index accelerated in February, with a year-over-year increase of 3.2% after an increase of 3.1% in January.
US stocks trade mixed as investors await fresh economic data and Fed commentary
This week will see the release of revised fourth-quarter GDP and the latest PCE reading, giving more insight into the path of inflation.
The Fed has a very strong case to keep rates higher for longer
Wall Street veterans break down the case for higher-for-longer interest rates as the economy continues to run hot.
US stocks trade mixed as fresh inflation data comes in hotter than expected
"If we see continued strength in the inflation data, it's possible that the Fed could push its rate cuts into 2025."
Dow jumps 348 points as US stocks climb amid fresh economic data
The S&P 500 closed at a record high and the Dow regained losses from earlier in the week as investors await another inflation datapoint.
US stocks rise as S&P 500 falls short of 5,000 milestone
The index remains within striking distance of the key milestone as investors continue to take in stronger-than-expected earnings.
The odds of a global recession keep going down
A slate of economic indicators point to accelerating growth at the start of 2024, and supply chain snags have had little impact on prices.
US stocks trade mixed as Intel falls and key economic data confuses investors
Core inflation and consumer spending sent opposite messages about the US economy, while Intel disappointed investors and tumbled 12%.
3 big things for investors to know as the stock market powers to new record highs
"More importantly, a new market high is not in itself any kind of danger sign — despite what some may fear."
Inflation slows again as gas prices tumble to earth
The Consumer Price Index climbed 3.1% year over year after a 3.2% rise in October.
Janet Yellen says bond-market moves can complement the Fed's monetary policy - but there's a big 'if'
Bond moves based on data that informs the Fed's next moves can be a helpful policy tool — as long as market reactions are "thoughtful."
US stocks end mixed as November rally stumbles amid fresh economic data
Industrial production and jobless claims pointed to a slowing economy, which could lead the Fed to declare mission accomplished on rate hikes.
Inflation cooled off in October
The Consumer Price Index, one inflation measure, increased 3.2% over the year in October, a smaller year-over-year increase than in September.
The interest rate on the most popular American home loan hits 8% for the first time since 2000
The average rate on the 30-year fixed mortgage touched a level not seen in 23 years as bond yields spiked again on Wednesday.
China's economy is stumbling, but it still isn't as dire as Japan's 1990s collapse
Beijing's demographic hurdles and unstable housing market mirror Japan's problems decades ago, but China's crisis isn't of the same magnitude yet.
Job growth slowed in July after a red-hot labor market in the first half of the year
The US added 187,000 jobs over the month in July, lower than expected. The unemployment rate also continues to be low, at 3.5%.
Stocks fall as Fitch's downgrade of US debt rating rattles confidence
Fitch downgraded the long-term outlook for the US from AAA to AA+ on Tuesday, pointing to "expected fiscal deterioration."
Here's why the Fed's rate hikes haven't actually hit Americans that hard
There is a simple reason why a lot of Americans have likely sidestepped the worst of the Fed's aggressive rate hike campaign.