Skip to main content

Featured

Your daily horoscope: February 25, 2026

  IF TODAY IS YOUR BIRTHDAY What is your next big goal going to be? No doubt you have a few ideas but as mind planet Mercury turns retrograde on your birthday maybe you should stick with an old goal that for some reason you never quite reached. It still has massive potential. ARIES (March 21 - April 20): You may believe that you have thought of everything but could there be something important you have overlooked? Mercury’s retrograde phase begins today, which means you must check every last detail. Some things may not be what they seem. TAURUS (April 21 - May 21): A friend or co-worker will tell you exactly what you want to hear today, but as it is so exact you should be suspicious. The planets warn they could be playing games with you, either for selfish reasons or just for the fun of it. GEMINI (May 22 - June 21): You should know better than to be taken in by someone who has let you down before, so don’t be fooled by their promises that this time you can trust them. With Mercury...

article

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.


Comments