Stocks rise, Treasury yields slip in run-up to US inflation data

Posted on:
Key Points

NEW YORK (Reuters) Global stock indexes rose and U.S. Treasury yields dipped on Wednesday as investors looked ahead to a U.S. consumer price report for possible clues on when the Federal Reserve could begin cutting interest rates...

Bitcoin fell after being whipsawed late on Tuesday after a social media message on the U.S. Securities and Exchange Commissions account claimed the regulator had approved bitcoin exchange traded funds (ETFs), but was later revealed to have been made by an unauthorized person...

The Dow Jones Industrial Average rose 44.88 points, or 0.12%, to 37,570.04, the S&P 500 gained 10.13 points, or 0.21%, at 4,766.63 and the Nasdaq Composite added 54.49 points, or 0.37%, at 14,912.20...

U.S. and European markets surged at the end of 2023 as inflation cooled quicker than expected and central banks struck a softer tone, encouraging investors to bet on big rate cuts this year...

In addition, investors are awaiting the auction of $37 billion in reopened 10-year Treasury notes later on Wednesday to gauge demand for U.S. sovereign debt...

You might be interested in

Stocks pull back after rally with jobs data eyed, yields climb

05, Dec, 23

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks fell for the first time in five sessions on Monday while Treasury yields rose as investors awaited U.S. labor market data to gauge the

Stocks flat, US yields edge higher ahead of data

14, Mar, 24

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit record levels in the prior session, as investors

Stocks, Treasury yields edge up in run-up to US inflation data

11, Jan, 24

By Caroline Valetkevitch NEW YORK (Reuters) - Global stock indexes rose and U.S. Treasury yields edged higher on Wednesday as investors looked ahead to a U.S. consumer price report for possible clues

Equities turn red, Treasuries dip with economic data in focus

21, Dec, 23

By Sinéad Carew NEW YORK (Reuters) -MSCI's global equities index edged lower in afternoon trading on Wednesday while Treasury yields fell as U.S. economic data released earlier in the day beat

Stocks fall, yields rise after hotter than expected inflation reading

13, Aug, 23

By Sinéad Carew NEW YORK (Reuters) - A global index of stocks fell on Friday while U.S. Treasury yields rose after a July inflation reading showed prices rising slightly faster than expected, fuelling

Core US inflation eases a fourth month, sealing Fed rate cut

14, Aug, 24

International Business News: In July, the core consumer price index in the US rose 3.2% from a year ago, marking a four-month decline in underlying inflation. Monthly, it increase

European stocks up ahead of U.S. inflation data

14, Nov, 23

By Elizabeth Howcroft LONDON (Reuters) -European stocks rose on Tuesday as global markets awaited U.S. inflation data later in the session, which could provide an indication of whether global interest

Wall St advances, Treasury yields climb as robust data boosts soft landing bets

18, Jan, 24

By Stephen Culp NEW YORK (Reuters) -U.S. stocks gained ground on Thursday and benchmark Treasury yields moved higher after robust U.S. labor market data weakened bets that the Federal Reserve would

Wall Street week ahead: Investors eye inflation, industrial production data, key earnings

11, Feb, 24

Consumer price index data for January will be released on Feb 13, and Feb 15 will see the release of industrial production data for Jan