Tag: Fedwatched

Stocks rise as key Fed-watched inflation data keeps cooling

US stocks rose on Friday as the latest reading from a closely watched inflation gauge extended a story of cooling inflation and as investors absorbed the fallout of the Biden-Trump debate. The S&P 500 (^GSPC) advanced roughly 0.1% after the benchmark closed a step nearer to its record high. The tech-heavy Nasdaq Composite (^IXIC) rose […]

US futures rise as key Fed-watched inflation data keeps cooling

US stock futures rose on Friday as a closely watched inflation gauge kept up momentum on cooling inflation and investors absorbed the fallout of the Biden-Trump debate. S&P 500 futures (ES=F) advanced roughly 0.3% after the benchmark closed a step nearer to its record high. Contracts on the tech-heavy Nasdaq 100 (NQ=F) were also 0.4% […]