The US Stocks surged and bond yields fell after fresh data showed inflation eased in November

Data showed consumer-price gains slowed to 7.1% in November from a year earlier, and from 7.7% reported in October 2022

[{"selector":"#anim-8e8bf7f8-64d1-42a2-91a2-b21011e71a87","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ccc9e0e-9a0a-41e1-b81f-8e94b8f0ece7","keyframes":{"transform":["translate3d(0px, 177.91497%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] More News

Economists surveyed by The Wall Street Journal had estimated 7.3% for the CPI-based inflation

[{"selector":"#anim-f2932dee-2591-471b-a8d6-7f478ced9dc0","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-61f45a3d-c2de-4279-a7ec-687387c1fee8","keyframes":{"transform":["translate3d(0px, 207.03987%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The CPI increased 0.1% in November from the prior month, compared with 0.4% in October

[{"selector":"#anim-1eb666a4-dfb2-4088-aebc-b348bfb20ba1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1197c17-07b8-488b-bedf-07509fe2c433","keyframes":{"transform":["translate3d(0px, 198.62186%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Stock Market News

Dow Jones Industrial Average briefly surged more than 600 points Tuesday after the release of cooler-than-expected inflation data

[{"selector":"#anim-a44dad00-a582-4f64-8869-def12f763b14","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3eaca39-0489-4f21-947b-bfc6e2a3f0de","keyframes":{"transform":["translate3d(0px, 130.01145%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The next Fed meeting is on Tuesday with an interest rate decision on Wednesday, experts already predicted a 50 bps hike

[{"selector":"#anim-05551e82-c318-414a-b514-4ff9e6ce29f6","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ca3fd54-193f-4e23-b98f-b4e1a4a3bc00","keyframes":{"transform":["translate3d(0px, 143.63849%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

According to the CME’s FedWatch tool, traders place a 79% chance of a 50-basis-point rate hike

[{"selector":"#anim-26a33a97-381b-4180-a364-4de74e04b886","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-124876df-0843-4322-805c-839667c218c1","keyframes":{"transform":["translate3d(0px, 208.69938%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Visit Us

In this Federal Reserve meeting, investors will be looking for further guidance on the Fed's plans

[{"selector":"#anim-bf64da9d-49a3-444c-80ad-2bc1ebb3bb2f","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d34b0ec8-390e-4c7a-844e-1169ffcdf7c8","keyframes":{"transform":["translate3d(0px, 172.97669%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

MORE STORIES

[{"selector":"#anim-e1ae3837-8308-4ef6-982e-b9c7e98a4c65","keyframes":[{"offset":0,"transform":"translate3d(0, -267.09402%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -75.106838424%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -25.534188312%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -9.588675318%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -4.166666712%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1200,"fill":"both"}] [{"selector":"#anim-5f1fe13b-57bd-4f0f-97c9-7e908253b1cd","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}] More Stories