US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222.
US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...
Wall Street closed higher on Wednesday, with all three major stock indexes posting their largest daily percentage gain since November 6, as investors cheered signs that inflation's still slowing ...