Stocks Climb Even as CPI Suggests Inflation Perk-Up - Listen -

Stocks Climb Even as CPI Suggests Inflation Perk-Up

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The S&P 500 index posted a fresh record high as investors shrugged off CPI report that suggested inflation was picking up.

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The S&P 500 index climbed to a three-week high after the Labor Department reported weaker-than-expected payroll growth, boosting rate cut hopes.

Published 05/03/24

Published 05/03/24

The S&P 500 index ends a two-day slide as investors took encouragement from Fed leader's comments and await the Labor Department update.

Published 05/02/24