Wall Street rips higher on inflation data and strong bank profits
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
Wall Street banks anticipate golden age under Trump amid strong profits and optimism
Wall Street banks anticipate golden age under Trump amid strong profits and optimism Major financial institutions post record profits as expectations for growth rise amidst political change
Wall Street jumps after encouraging inflation report and strong bank profits
The S&P 500 was 1.5% higher in early trading. The Dow Jones Industrial Average was up 652 points, or 1.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.7% higher.
Positive Reaction To Inflation Data May Spark Early Rally On Wall Street
The major U.S. index futures are currently pointing to a sharply higher open on Wednesday, with stocks likely to show a strong move
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
Stock market today: Asian shares are mixed after Wall Street slips, led by tech giants
In Asia, South Korea’s Kospi added 0.6% to 2,418.80. But shares of Jeju Air Co. lost 8.8% after one of the company’s jets skidded off a runway, slammed into a concrete fence and burst into flames Sunday in South Korea as its landing gear failed to deploy. 179 people died in the crash.
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