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May 15, 10:42 PM

US Inflation Cools in April, S&P 500 and Nasdaq Hit Record Highs, Dow Surpasses 40,000 for the First Time

US Inflation Cools in April, S&P 500 and Nasdaq Hit Record Highs, Dow Surpasses 40,000 for the First Time

Authors

95

US consumer price inflation cooled slightly in April, with prices rising 0.3% from March to April. The S&P 500 and Nasdaq hit record highs, with the Dow briefly surpassing 40,000 for the first time. The cooling inflation raised hopes for potential Fed rate cuts.

#Nasdaq #Dow #Fed

Written with ChatGPT (GPT-3).

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Business /Government Actions Business /Market Movements

MarketWatch@MarketWatch
2 years ago
Dow industrials mount fresh attempt at 40,000 milestone — live coverage https://t.co/UTmQjYW500
RedboxGlobal@RedboxWire
2 years ago
S&P 500 UP 7.03 POINTS, OR 0.13 PERCENT, AT 5,304.13 AFTER MARKET OPEN DOW JONES UP 40.38 POINTS, OR 0.10 %, AT 39,909.76 AFTER MARKET OPEN NASDAQ UP 17.39 POINTS, OR 0.10 PERCENT, AT 16,715.71 AFTER MARKET OPEN
Open Outcrier@OpenOutcrier
2 years ago
Dow futures are little changed after blue-chip average touches 40,000 for first time - CNBC https://t.co/XgFqQhbId2