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Your daily horoscope: February 21, 2026

  IF TODAY IS YOUR BIRTHDAY Boredom will not be an issue over the coming year as each and every day is filled with new challenges and new opportunities. That might sound exhausting but the more active and ambitious you are the more the universe will reward you. ARIES (March 21 - April 20): If you ignore the so-called experts and follow your instincts this weekend you will end up in a very good place. Deep down you already know what your next move must be, so now you just need to be courageous and get on with it. TAURUS (April 21 - May 21): If you are in any way dissatisfied with how things have worked out of late then do something about it over the next 48 hours. With Venus, your ruler, linked to Jupiter, planet of good fortune, you can easily change your life for the better. GEMINI (May 22 - June 21): This weekend’s Venus-Jupiter link is good news for anything to do with your career and your finances. If you think you deserve a raise then let your employers know about it. On this ...
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Stock Market Today: S&P 500 Breaches 5,300 as Stocks Rally to Records After CPI

 


U.S. stocks rallied on Wednesday, with all three major indexes closing at record highs. A soft reading on consumer prices fueled hopes that the Federal Reserve could cut interest rates sooner than expected.
  • The S&P 500 rose nearly 1.2%, closing at 5,308.18, above 5,300 for the first time ever.
  • The Dow Jones Industrial Average jumped about 0.9%, creeping closer toward the 40,000 level.
  • The tech-heavy Nasdaq Composite climbed about 1.4%, notching its second record close in as many days.

The Consumer Price Index rose 0.3% over the previous month and 3.4% over the prior year in April, a deceleration from March. “Core” inflation, which strips out the cost of food and gas, also cooled. This relatively cool inflation reading led the 10-year Treasury yield to fall 4.35%, its lowest level in a month, and sparked new bets on Fed rate cuts as soon as September. Around 70% of traders now expect at least one cut by the September meeting, a notable increase from a week ago.

Stocks have ground higher amid rekindled confidence that the U.S. economy is in good enough shape for the Federal Reserve to start bringing down rates from their current historic highs. That optimism has fueled a resurgence in bullishness in the market.

Elsewhere on the macroeconomic front, retail sales fell flat last month, coming in well short of Wall Street’s expectations.

In summary, the stock market continues to surge, and investors are closely watching inflation data and Fed policy decisions.


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