Stocks rise slightly as Wall Street digests red hot inflation report

MARKETS U.S. stocks moved slightly higher Wednesday after a key inflation report showed a historic gain but largely matched expectations. The S&P 500 added roughly 0.3%, and the Nasdaq Composite rose 0.3%. The Dow Jones Industrial Average shuffled between modest gains and losses. The moves come after the December reading for the consumer price index,Continue reading “Stocks rise slightly as Wall Street digests red hot inflation report”

Inflation, rising rates and the Federal Reserve could whip stocks around in the week ahead

MARKET INSIDER The bond market could again set the course for the week ahead, after rapidly rising interest rates gave stocks a choppy start to the new year. In the coming week, key inflation reports are expected, and Federal Reserve Chairman Jerome Powell is slated to testify Tuesday at his nomination hearing before a Senate panel, while the hearing on Fed Governor LaelContinue reading “Inflation, rising rates and the Federal Reserve could whip stocks around in the week ahead”

S&P 500 and Nasdaq fall for a fourth day on spiking rates to cap the first trading week of 2022

MARKETS Stocks fell on Friday to end a rough first trading week of the year, as tech shares were battered by rising interest rates. The Nasdaq Composite dropped another 0.9% on Friday to close at 14,935.90. The S&P 500 fell 0.4% to 4,677.03 for its first four-day losing streak since September. The Dow Jones IndustrialContinue reading “S&P 500 and Nasdaq fall for a fourth day on spiking rates to cap the first trading week of 2022”