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HomeMarket NewsUS Stock Market LIVE Updates: S&P 500 rises in volatile session as Trump denies he is firing Powell
US Stock Market LIVE Updates: US stock indexes are drifting around their record levels on Wednesday (July 16) following a better-than-expected update on inflation across the country. The S&P 500 was virtually unchanged in early trading and just below its all-time high set last week. The Dow Jones Industrial Average was up 62 points, or 0.1%, as of 10 a.m. Eastern time, and the Nasdaq composite was edging back by 0.1% from its own record set the day before.
US Stock Market LIVE Updates: US stock indexes are drifting around their record levels on Wednesday (July 16) following a better-than-expected update on inflation across the country. The S&P 500 was virtually unchanged in early trading and just below its all-time high set last week. The Dow Jones Industrial Average was up 62 points, or 0.1%, as of 10 a.m. Eastern time, and the Nasdaq composite was edging back by 0.1% from its own record set the day before.
Treasury yields eased in the bond market after a report said inflation slowed by more last month at the wholesale level than economists expected. The data offer some encouragement after a report on Tuesday suggested President Donald Trump’s tariffs are pushing up the prices U.S. shoppers are paying for toys, apparel and other imported products.
Watch this space for all the live updates.
