Stock

What Today’s Inflation Numbers Mean for the Stock Market and Your 401(K) and Mortgage

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US President Joe Biden discusses the Biden administration "Cancer: Trip to the Moon" Initiative during an event at Tulane University in New Orleans, Louisiana, U.S., August 13, 2024. REUTERS/Elizabeth Frantz

By Tilly Armstrong, Dailymail.Com’s Assistant Consumer Editor and Alice Wright of Dailymail.Com Published: 08:44 EDT, August 14, 2024 | Updated: 09:59 EDT, August 14, 2024 Consumer prices rose 2.9 percent from a year earlier in July. This is the first time that headline inflation, measured on an annual basis, has fallen below 3 percent since … Read more

5 things you need to know before the stock market opens on Wednesday

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News Update – Before Market Opening

Below are five key things investors need to know as they begin their trading journey: 1. Rally time Stocks rose on Tuesday, boosted by encouraging news on inflation (more on that below). The Nasdaq Composite soared 2.43% and the S&P 500 rose 1.68%. Meanwhile, the Dow Jones Industrial Average ended the day up 408 points, … Read more