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Stocks Rise After July CPI Data Matches Expectations. Is the Fed Done Hiking?

By Trader Edge at 2026-10-03 15:34

Sentiment: Positive

TLDR The S&P 500 rose 0.3% and the Nasdaq gained 0.7% after July’s CPI data came in as expected. July CPI showed inflation at 3.4% annually, easing slightly from June’s 3.5%. Traders shifted bets toward the Fed holding rates steady in September following the report. Ongoing Middle East tensions pushed Brent crude near $90 per [...] The post Stocks Rise After July CPI Data Matches Expectations. Is the Fed Done Hiking? appeared first on CoinCentral. Continue reading...

Categories: News

Tags: #News #Stocks

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