U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation.
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
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The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session.
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An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
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US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.