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Stocks rise as inflation dips and oil price rebounds
The FTSE 100 made strong headway on Wednesday, supported by a larger-than-expected cooling in inflation and a spike in the oil price. The FTSE 100 index closed up 89.53 points, 0.9%, at 9,774.32. It ...
Measured year over year, CPI inflation in November was up by 2.7 percent, falling from September’s YoY increase of 3.0 percent. Year over year, the core CPI also slowed to 2.6 percent in November, ...
Gas prices continued to fall this week, remaining at their lowest level since early 2021. Currently, the national average price for a gallon of regular gasoline stands at $2.81, with premium gasoline ...
U.S. airstrikes against Houthi targets in Yemen on Thursday night escalated an ongoing conflict over a shipping route that holds significant implications for oil prices and inflation. The military ...
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...
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Oil prices are rising from long-term support as supply cuts, Fed policy pause, a weaker dollar, and renewed Venezuelan ...
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