The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...
MGM China saw its Q3 net revenues increase 14% year-over-year and adjusted property EBITDAR (earnings before interest, taxes, ...
Jim Smigiel, chief investment officer at financial-services firm SEI, weighed in on the U.S. outlook by saying "we see too many potential outcomes leading to a reacceleration in inflation and higher ...