Stocks Rise as Inflation Data Outweighs Chip Rout: Markets Wrap
Another report showing softer-than-anticipated inflation drove stocks and bonds higher as Wall Street traders further dialed back wagers on Federal Reserve interest-rate increases.
By Rita Nazareth · Bloomberg Markets
Another report showing softer-than-anticipated inflation drove stocks and bonds higher as Wall Street traders further dialed back wagers on Federal Reserve interest-rate increases.