<< Read Full Article
<< Read Full Article
Stocks Rally After CPI Comes Out in Line With Expectations
Investors are breathing easier this morning after the Consumer Price Index came out in line with expectations.
The headline CPI gained 0.4% overall, matching the consensus estimate in the Reuters poll. The core rate, which excludes food and soaring energy prices, gained 0.3%, also in line with expectations.
Stock futures and bonds moved higher on the news. At 8:31 a.m. EDT, the S&P 500 futures were up 7.3, about 9 points above fair value and indicating a positive open. The 30-year Treasury was up 6/32 to 97 18/32, putting the yield at 6.307%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.00 | 1,107.93 | 2,201.05 | 36.03 |
Oil *
72.08
|
|
DOWN
49.05
|
DOWN
6.18
|
DOWN
11.05
|
UP
0.57
|
10 Yr
3.60%
SPDR Gold
110.21
|
|
-0.47%
|
-0.55%
|
-0.50%
|
+1.61%
|
Data delayed 20 minutes |
Connect with TheStreet