US Stocks Today: US Stocks End Higher as Strong Inflation Data Cements Rate-Hike Bets
Interest-rate futures now imply a nearly 90% chance of a Fed hike next week as August consumer prices accelerated, CME FedWatch data showed.
8 Articles
8 Articles
Stocks end higher as strong inflation data cements rate-hike bets
NEW YORK — Wall Street ended higher Sept. 11 as oil prices retreated and strong consumer price data reinforced expectations the Federal Reserve will raise interest rates next week to fight inflation.
The Billings Gazette
S&P 500 ends higher as strong inflation data cements rate-hike bets
Wall Street ended higher Friday as oil prices retreated and strong consumer price data reinforced expectations that the Federal Reserve will raise interest rates next week to fight inflation.
The Economic Times
Times of IndiaUS stocks today: US stocks end higher as strong inflation data cements rate-hike bets
US stocks ended higher on Friday as accelerating consumer prices strengthened expectations of a Federal Reserve rate hike next week. The Dow, S&P 500 and Nasdaq all gained, while Dell surged to a record high. Oil prices fell but remained sharply higher for the week amid concerns over Middle East supply disruptions.
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