Thursday’s big market rally on cooler inflation doesn’t mean we’re out of the woods yet
Stocks jumped on Thursday after a weaker-than-expected rise in the consumer price index dragged down bond yields and the U.S. dollar on hopes that the Federal Reserve could be less aggressive in its fight against the inflation. The Dow Jones Industrial Average rose more than 2.5%, the S&P 500 rose more than 4%, and the …
Thursday’s big market rally on cooler inflation doesn’t mean we’re out of the woods yet Read More »