Business
Cool Inflation Data Propels Stocks to Fresh Records
Prices on consumer and wholesale goods aren’t rising as much as feared, and that has been good for stock prices.
Two straight days of soft inflation data lifted the S&P 500 index to an all-time high. On Thursday, the Labor Department reported that wholesale prices were unchanged in July, defying predictions from economists who saw them rising. The reading, which followed a mellow consumer-price index print the day before, is resetting expectations about what the Federal Reserve will do next month—and in a positive way.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
You must be logged in to post a comment Login