According to investors, Tuesday’s inflation report was something to celebrate. 

After the latest numbers from the Labor Department showed that consumer prices didn’t rise as fast as expected in October, the Dow Jones Industrial Average DJIA jumped nearly 500 points and the S&P 500 SPX and Nasdaq Composite COMP posted their best days since April. Wall Street seemed reassured that the Federal Reserve is likely done raising interest rates, and that the economy is on the right track.

On…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Read the full article here

Share.

Leave A Reply

© 2024 Finances Smart. All Rights Reserved.