March 15, 2025

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Wall St inches up with inflation prints in focus

  • May 13, 2024

By Sruthi Shankar and Shristi Achar A (Reuters) – U.S. stock indexes edged higher on Monday, nearing record highs after a recent run of gains, as investors awaited key inflation figures this week to gauge the likelihood of interest rate cuts in 2024. The indexes were back near all-time highs hit in March, boosted by

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Finance

Wall Street climbs on renewed hopes of Fed rate cuts

  • May 6, 2024

By Sruthi Shankar and Shristi Achar A (Reuters) -U.S. stock indexes extended last week’s gains on Monday as investors saw a greater chance of the Federal Reserve cutting interest rates this year following softer-than-expected payrolls data on Friday. The benchmark S&P 500 and the tech-heavy Nasdaq were trading at three-week highs after data on Friday

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