SPY News: Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge A - 13th Jun 2024, 3:26am

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Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge Ahead Of Fed Meeting: What's Driving Markets Wednesday?

A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend towards the 2% target.

The Consumer Price Index (CPI) data revealed cooler-tha...

>>> Read more: Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge Ahead Of Fed Meeting: What's Driving Markets Wednesday?
 
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