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Stock Market Today: Nasdaq Crosses 20000
Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to an all-time high.
Nasdaq hits 20,000 as inflation data raises Dec rate-cut hopes
The Nasdaq crossed 20,000 points for the first time on Wednesday, as tech stocks rallied after the latest inflation report raised hopes of a rate cut by the U.S. Federal Reserve later this month. A Labor Department report showed U.
Stock Market Today: Nasdaq Crosses 20000; Inflation Data Boosts Rate-Cut Hopes
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 updates on stocks and other markets,
1d
on MSN
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
The Dow and S&P 500 recorded losses for the week, but the Nasdaq got a boost from big tech. Broadcom's valuation hit $1 ...
3d
on MSN
Nasdaq eases off 20K record high, S&P slips after producer inflation comes in hot
Stock index futures traded in the red on Thursday as November producer price index came in hotter than expected. S&P 500 ...
3d
Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above the 20,000-point ...
2d
Nasdaq pulls back to stall Wall. St. rally; new report shows inflation still not tamed
The Labor Department reported Dec. 12 that its producer price index — which tracks inflation before it reaches consumers — ...
3d
on MSN
Nasdaq ends above 20K in historic first after inflation data solidifies Fed rate-cut bets
U.S. stocks finished mostly higher in Wednesday's history-making session, as an in-line consumer inflation report bolstered ...
4d
on MSN
S&P, Nasdaq futures slightly higher ahead of inflation reading
By Purvi Agarwal and Shashwat Chauhan (Reuters) -Futures tied to the S&P 500 and the Nasdaq were slightly higher on Wednesday ...
3d
on MSN
PPI shows wholesale inflation jumped more than expected amid 'extended and bumpy journey' to Fed's target
Wholesale prices rose more than expected in November, adding to a string of sticky inflation prints. Thursday's report from ...
4d
on MSN
S&P, Nasdaq snap two-day decline as latest inflation data cements Fed rate cut bets
Stock index futures were mixed on Wednesday, while yields inched higher, as investors awaited the key inflation report. S&P ...
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