Stock Market Today: Markets Rise as Bank Stocks Bounce
Investors also focused on the February CPI report, which gave a mixed picture on inflation.
Source: kiplinger.com
Stay updated with breaking news from Michael Reinking. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Investors also focused on the February CPI report, which gave a mixed picture on inflation.
The major benchmarks finished mostly lower Wednesday after another disappointing inflation reading.
The major benchmarks closed higher Monday after notching their worst week of the year on Friday.
Exxon Mobil (XOM) and General Motors (GM) both popped after reporting solid earnings.
The Federal Reserve started raising rates last March to combat inflation, and markets broadly expect a 25-basis-point hike on Wednesday.