Stocks surged Wednesday, led by a rally in shares of major technology companies that boosted the Nasdaq Composite to a record high above 20,000 points.
The U.S. Bureau of Labor Statistics CPI report showed inflation rose modestly in November at 2.7%, bolstering expectations of another interest-rate cut by the Federal Reserve. Follow along for live ...
The Dow Jones Industrial Average (DJIA) spun in a tight circle on Wednesday, keeping close tabs on the 44,200 level after US Consumer Price Index (CPI) inflation broadly met market expectations.
Both the S&P 500 and Nasdaq Composite closed 0.3 per cent lower on Tuesday. It was the first time since mid-November that either of the indices had fallen for two consecutive sessions. Both gauges ...
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