Stock Markets Rise on Easing Inflation and Strong Earnings
TL;DR
November CPI data showed lower core inflation, boosting Wall Street and prompting expectations of potential rate cuts, though data reliability is questioned due to government shutdown effects and rent measurement issues. The S&P 500 rallied initially but settled with modest gains amid mixed signals about inflation's true trajectory and the Fed's future policy moves.
- CPI Cools In A Big Way, Shocking Wall Street (Live) Investor's Business Daily
- S&P 500 rises on cooler-than-expected inflation data, strong Micron earnings: Live updates CNBC
- Stock market today: S&P 500, Nasdaq futures rise as CPI inflation eases in November, Micron boosts tech Yahoo Finance
- Stock Market Today: Dow, S&P 500 Jump on Soft Inflation Readout — Live Updates The Wall Street Journal
- Wall St gains as markets take easing inflation in stride, Micron leads tech rally Reuters
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