Reported about 4 hours ago
US stocks saw significant gains on January 15, 2025, as inflation concerns eased following the December Consumer Price Index (CPI) report, which revealed a monthly increase of 0.4% and an annual rise of 2.9%. The data indicated that shelter price declines played a key role in this trend, potentially impacting Federal Reserve policies. Major and regional banks also reported positive earnings amid the broader market's focus on inflation developments.
Source: YAHOO