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Stocks Rally on Fed-Friendly CPI Report
Barchart22d agobullish
Stocks Rally on Fed-Friendly CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...

Stock Market Today: Nasdaq Pares Losses, Powell Notes Resilient Economy; Mag 7 Earnings Loom (Live Coverage)
Investor's Business Daily97d agoneutral
Stock Market Today: Nasdaq Pares Losses, Powell Notes Resilient Economy; Mag 7 Earnings Loom (Live Coverage)

Major stock indexes pared losses Wednesday afternoon after the Federal Reserve kept its key interest rate unchanged and Fed Chair Jerome Powell noted resilience in the economy. Meanwhile, earnings reports from four members of the Magnificent Seven are due after the market close. Earlier Wednesday, a Senate panel moved to put the nomination of Kevin Warsh as the next Fed chair to a vote before the full chamber.