Markets Rise as Inflation Eases | Anchorage News

Stocks soar as BlackRock, Bank of New York Mellon, and Cintas deliver strong earnings, fueling optimism across the S&P 500, Dow, and Nasdaq. Inflation cools to 5.5%—wholesale and consumer—giving the Fed breathing room, with only a 10% chance of a rate hike and New York Fed’s John Williams hinting inflation may have peaked. Yet, Middle East tensions loom as oil prices climb amid fears of regional energy disruptions. Overseas markets rally too, led by AI-driven tech giants like ASML, as global demand for AI infrastructure surges and stabilizes volatile stocks. 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/ab11538d19c088d1