Wall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyout offer, while BlackRock and Morgan Stanley beat estimates. Despite weak semiconductor stocks, easing rate hike expectations and solid bank results supported gains across major indexes.

US markets opened mixed as softer inflation data boosted expectations of a less aggressive Federal Reserve. The S&P 500 and Nasdaq gained, supported by rate cut hopes, while the…

Stocks held steady after a report showed US inflation was not as bad last month as economists expected.

Stocks are holding steadier after a report showed US inflation was not as bad last month as economists expected.

U.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. Nasdaq outperformed on chip gains, while…

The Dow Jones Industrial Average rose 10.02 points, or 0.02 per cent, to 52,508.66. Read more at straitstimes.com. Read more at straitstimes.com.

Fed rate hike bets were trimmed following the CPI data, while Fed Chair Warsh said the inflation data did not mean mission accomplished and he cautioned against overreading or…

Asian shares advanced as softer US inflation data eased rate hike concerns. The artificial intelligence trade gained renewed strength, boosting technology stocks significantly.…

Wall Street opened higher as softer producer inflation data eased concerns over interest rates, while investors tracked a wave of corporate earnings. PayPal shares surged on a…

(Bloomberg) -- Another report showing softer-than-anticipated inflation drove stocks and bonds higher as Wall Street further dialed back wagers on Federal Reserve interest-rate…

US stocks are gaining ground following strong profit reports from BlackRock and other big companies and an update on the path of inflation.

Wall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyout offer, while BlackRock and Morgan…

The Dow Jones Industrial Average rose 150.91 points, or 0.29 per cent, to 52,659.18. Read more at straitstimes.com. Read more at straitstimes.com.

“The market was comforted today by the market-friendly PPI report,” said analyst Patrick O’Hare.

PPI data followed suit to the recent CPI report and printed below expectations on all watched gauges, while not much has changed on the geopolitical front, with Trump to expand…

NEW YORK, July 16 — Wall Street stocks advanced Wednesday following another benign US inflation report as oil prices edged higher following the latest escalation of fighting...