Stocks Edge Up Amid Steady Inflation Trends
TL;DR Summary
The S&P 500 surged nearly 1% in the final 20 minutes of trading, marking its best month since February, driven by dip buying and sector rotation. Despite a volatile session, the Dow Jones rose 1.5%, while the Nasdaq 100 remained flat. Treasuries extended gains, and inflation data showed a slight increase, hinting at potential rate cuts by the Federal Reserve later in the year. Analysts warn of a possible correction in overextended tech shares.
- Stocks Rise on 'Slow, But Steady' Inflation Easing: Markets Wrap Yahoo Finance
- Dow ticks higher as inflation measure comes in about as expected: Live updates CNBC
- Stock Market Today: Dow Jones Futures Fall Ahead Of Inflation Data; Dell Plunges 17% On Earnings Investor's Business Daily
- Stock Market Today: Dow, S&P Live Updates for May 31 Bloomberg
- Investors stand pat ahead of U.S. inflation data Reuters
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
7 min
vs 8 min read
Condensed
95%
1,456 → 74 words
Want the full story? Read the original article
Read on Yahoo Finance