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Dow Gains as Inflation Data Supports Rate Cuts Despite Sticky Inflation

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Source: Investor's Business Daily
Dow Gains as Inflation Data Supports Rate Cuts Despite Sticky Inflation
Photo: Investor's Business Daily
TL;DR

The stock market saw gains with the Dow rising nearly 200 points after positive inflation data, led by Boeing's surge on easing FAA restrictions; tech stocks like Intel and GlobalFoundries also performed well, while Apple and Costco experienced declines amid mixed earnings and economic indicators.

Topics:businessstock-market#boeing#dow-jones#faa-restrictions#inflation-data#stock-market#stock-market-rally
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  1. Stock Market Today: Dow Rallies On Fed Inflation Data; Apple, Costco Fall (Live Coverage)  Investor's Business Daily
  2. Dow rises 100 points after in-line PCE inflation report: Live updates  CNBC
  3. Inflation remains elevated. That won't keep the Fed from cutting rates.  Politico
  4. US consumer spending increases solidly in August  Reuters
  5. Fed's go-to gauge shows sticky inflation as Trump threatens more tariffs  Axios

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