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Stocks Rise With Traders Braced for CPI Volatility: Markets Wrap

(Bloomberg) — US equity futures gained with European stocks ahead of keenly awaited US inflation data that will help determine when the Federal Reserve finally pivots to monetary easing. Futures on the S&P 500 and Nasdaq 100 rose 0.2% and 0.4% respectively. US Treasury yields were steady and a gauge of the dollar was flat.…
United States United Kingdom Bruxelles Capitale New York Yannis Stournaras Claudia Panseri

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Stock Traders Bracing for Worst Shrug Off Hot CPI: Markets Wrap

(Bloomberg) — The stock market managed to rebound after the latest inflation figures did little to alter bets the Federal Reserve will cut rates this year — even if it keeps a more cautious stance for now. Following a series of twists and turns, equities pushed decidedly higher. Notwithstanding the fact that the consumer price…
United States New York United Kingdom William Brown Yannis Stournaras Quincy Krosby

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