Stocks Jump During Overnight Session as CPI Shows Cooling Inflation
July 12, 2023 at 16:52 PM EDT
Stocks rallied during the overnight trading session on Wednesday as the latest inflation print offered some hopeful news. Wall Street celebrated on Wednesday as the Consumer Price Index came in below analysts’ expectations and showed that inflation eased last month to its slowest pace in over two years. CPI climbed 3.0% in June from a [...] The post Stocks Jump During Overnight Session as CPI Shows Cooling Inflation appeared first on ETF Trends .