The Dow Jones Industrial Average and other indexes trimmed some of the morning's gains at midday Wednesday. Nvidia rebounded, while Microsoft gave quantum stocks a boost in the stock market today.
Jim Smigiel, chief investment officer at financial-services firm SEI, weighed in on the U.S. outlook by saying "we see too many potential outcomes leading to a reacceleration in inflation and higher ...
Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology ( MU 5.96%) traded 5.7% higher as of 12:12 p.m. ET. Meanwhile, AI software ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
The stock market's stiffest headwind, a surge in Treasury bond yields, was blown aside Wednesday by a surprisingly benign ...
Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.
Most of the meaningful progress in inflation appears to be "behind us at this stage" and price gains "may remain sticky at levels higher than the Federal Reserve would ideally like," said Rick Rieder, ...