Inflation Cooling, Stocks Soaring | Sydney News

Stocks are surging toward new highs as inflation cools, easing pressure on the Fed to raise rates—traders now see just a 37% chance of a hike. The S&P and Nasdaq climbed, while oil prices eased and yields dropped, boosting investor confidence. Real estate stocks led the rally, with AvalonBay and Builders FirstSource soaring, and Fossil Group jumping on strong earnings. Wall Street’s momentum continues as markets brace for a potential dip in Australia—but bulls are riding the wave. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c9e83ec8150fd14a