Stock market today: US stocks jump to records as investors cheer cooler May inflation data

Inflation remained flat for the month of May and rose just 3.3% from last year, cooler than what economists expected.

By: Business Insider

Jun 13 2024
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Stock market today: US stocks jump to records as investors cheer cooler May inflation data — Stock market today: US stocks

US stocks jumped on Wednesday as traders took in a soft inflation report and revved up their hopes for Fed rate cuts by the end of the year. All three benchmark indexes ticked higher, with the Dow su… [+1937 chars]

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Stock market today: US stocks jump to records as investors cheer cooler May inflation data

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