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US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
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Investor's Business Daily on MSNDow Jones Futures: S&P 500 Erases 2025 Loss As Nvidia Jumps On Saudi AI Deal; Palantir, Carvana Break OutThe S&P 500 is positive in 2025 as Nvidia flashed a buy signal on Saudi AI news. Palantir and Carvana led breakouts.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
Monthly data for the consumer price index showed that prices rose 0.2% in April, which is what analysts on Wall Street had forecasted. That puts CPI at 2.3% year-over-year and core CPI at 2.8%. Bullish stock-index futures traders appeared pleased with the data.
U.S. stocks are mixed after overall April inflation eased but a narrower measure stripping out volatile sectors that the Fed eyes remained unchanged.
The pause in U.S.-China tariffs fueled a Monday stock rally. April's Consumer Price Index report was released at 8:30 a.m. ET, showing inflation slowed last month. Follow along for live updates on the Dow,
U.S. stock-index futures are seeing sharp gains after the U.S. and China agreed to mutually slash tariffs temporarily. The Dow Jones Industrial Average is on track to erase the remainder of the ground lost following President Donald Trump's rollout of sweeping tariffs on April 2,
US stocks hold steady today as CPI eases and tariff relief boosts sentiment. UnitedHealth drops, while Coinbase and Sea Limited post big gains.
10h
Investor's Business Daily on MSNDow Jones Futures Fall After Surprise CPI Inflation Data; UnitedHealth Plunges On Suspended OutlookDow Jones futures dropped Tuesday after a surprise CPI inflation report. UnitedHealth plunged after suspending its 2025 outlook.