The market climbed Friday after the Fed's favorite way to measure inflation came in at the lowest year-over-year increase since 2021: 2.2%. That strength was felt in the Russell 2000 and Dow Jones Industrial Average, but as tech fell and Chinese stocks pulled back their run the rest of the market felt soft. Tech and material stocks pulled down the Nasdaq and S&P 500, even after the S&P 500 hit a trading and closing high Thursday. Just past 4...
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Happy Friday traders, it's September 27. The market is climbing after the Fed's favorite way to measure inflation came in with the lowest year-over-year increase since 2021: 2.2%. The FOMC's recent decision to start cutting rates looks prescient in hindsight. My name is Kevin Travers; here stonks and stories you have to know about on Wall Street today. Chinese stocks were still rising, after seeing their best day in years the day before.$PDD Holdings (PDD.US)$climbed 6...
Tech and material stocks pulled down the Nasdaq and S&P 500, even after the S&P 500 hit a trading and closing high Thursday.
Just past 4...
My name is Kevin Travers; here stonks and stories you have to know about on Wall Street today.
Chinese stocks were still rising, after seeing their best day in years the day before. $PDD Holdings (PDD.US)$ climbed 6...
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