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Wall Street drifts as Oracle rallies and Boeing sags
NEW YORK (AP) — U.S. stock indexes are drifting on Thursday following another encouraging update on inflation. The S&P 500 was 0.2% higher in midday trading and sitting less than 2% below its record. The Dow Jones Industrial Average was down 18 points, or less than 0.1%, as of 11 a.m. Eastern time, and the […]
Inflation barely rose last month as cheaper gas and cars offset some costlier imports
U.S. inflation edged up to 2.4% in May, with groceries rising but gas and rent costs falling. Trump’s tariffs haven’t hit prices hard—yet.
US stocks drift near their record following an encouraging inflation update
U.S. stocks hover near record highs as May inflation data eases concerns over Trump tariffs. Investors watch for broader U.S.-China trade deal progress.
30-year mortgage rates climb to 6.89%, highest since Feb
U.S. 30-year mortgage rates rise to 6.89%, their highest level since February, pushing borrowing costs up and slowing home sales.
US stocks drift as S&P 500 flirts with its first drop in 7 days
U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.
US stocks drift as Wall Street heads for the finish of a big winning week
U.S. stocks edge higher as Wall Street wraps up a strong week, lifted by easing inflation and a tariff truce between the U.S. and China.
Wall Street wobbles ahead of new retail sales data and public appearances by Fed officials
Wall Street trades flat as investors await retail sales data and Fed signals on interest rates amid U.S.-China trade pause and cooling inflation.
Wall Street climbs following a slowdown in inflation as the S&P 500 erases its loss for 2025
U.S. stocks rise as inflation slows and tech shares surge. AI stocks lead gains, while tariffs and Fed policy keep investors cautious.
Fed holds interest rate at 4.3% amid tariff and inflation uncertainty
The Fed kept rates steady at 4.3%, citing rising risks of inflation and unemployment due to Trump’s sweeping tariffs on imports from China and beyond.
Fed holds rates steady amid tariff-driven inflation risk
The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.
Wall Street gains ground as China shores up its economy ahead of trade talks with the US
Stocks fluctuated as China rolled out new economic support and U.S. trade talks loom, while tech shares and tariff worries pressured markets.
Federal Reserve likely to defy Trump, keep rates unchanged this week
The Federal Reserve is expected to hold interest rates steady despite pressure from Trump and tariff concerns, as inflation remains above target.
