US Markets React Positively to Cooling Inflation Data
Key inflation metrics meet expectations, raising hopes for potential Federal Reserve rate cuts later this year.
- S&P 500 and Dow Jones Industrial Average saw gains, while Nasdaq remained flat.
- April's Personal Consumption Expenditures report showed inflation rising 2.7% annually, matching forecasts.
- Consumer spending growth slowed, indicating potential economic cooling.
- Financial markets are pricing in a higher chance of a rate cut by the Federal Reserve by September.
- Energy stocks rose, while information technology shares fell on mixed trading results.
Denver Gazette 
Investopedia 
Associated Press 
Benzinga 
Markets Insider Investopedia Denver Gazette Investopedia Benzinga Investopedia Denver Gazette Denver Gazette 
NBC News 
The Daily Caller 
CNA CNA CNA 
CBS News 
New York Post Denver Gazette 
Newsweek 
UPI 
Financial Post 
American Greatness 
The Hill 
Investor's Business Daily Denver Gazette 
Forbes Financial Post 
ABC News Associated Press Investopedia 
CNN 
CNBC 
Washington Examiner Investopedia Investopedia CNN 
Deutsche Welle CNBC CNN Investopedia 
Breitbart Denver Gazette Benzinga Breitbart Financial Post Financial Post Financial Post Financial Post CNBC Associated Press ABC News CNBC Financial Post 
One America News Network Financial Post Breitbart CNBC CNA 
The Japan Times CNA CNA Financial Post CNN CNA CNA 
Barron's Barron's Barron's Barron's Barron's Denver Gazette 
Fox Business Fox Business Denver Gazette CNBC New York Post Newsweek Denver Gazette Denver Gazette CNBC 
EL PAÍS UPI The Daily Caller Financial Post 
The Seattle Times ABC News ABC News Associated Press Washington Examiner Breitbart 