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Barchart
Barchart
Rich Asplund

Stocks Move Higher After Today's CPI Report

United States Harris Barchart Jeffries JPMorgan Chase PredictIt US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is up +0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +1.52%.

After starting the day in the red, stocks have rebounded this afternoon.  As reported in today’s US consumer price report, core consumer prices in August rose +3.2% y/y, unchanged from July and well above the Fed’s +2.0% target. 

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