China, Wall Street
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Wall Street climbs following a slowdown in inflation
Digest more
14hon MSN
U.S. stocks are holding relatively steady following a report that showed inflation unexpectedly slowed across the country last month. The S&P 500 rose 0.1% Tuesday.
Two Wall Street firms raised their year-end targets for the S&P 500 as Trump's latest tariff delay cools recession fears.
Most U.S. stocks rose May 13 following an encouraging report that showed inflation unexpectedly slowed across the country last month.
The latest US consumer inflation report revealed easing prices in April as euphoria over the US-China trade truce faded.
President Donald Trump wants drugmakers to work with his federal health department to reach an agreement on a most favored nation price for their medicines.
Treasury Secretary Scott Bessent on Monday said talks with China over the weekend in Switzerland had been “very productive,” and announced the two countries had agreed to lower tariff rates by
Wall Street digested the latest signs President Trump's trade war could be entering a more conciliatory phase.
The S&P 500 was up 0.8 per cent in morning trade in New York after data showed US inflation unexpectedly fell to 2.3 per cent in April. The move extended the past month’s rebound and left the Wall Street benchmark 0.