Dow Goes Berserk as Core Inflation Growth Spikes to 17-Month High

Dow Goes Berserk as Core Inflation Growth Spikes to 17-Month High

The Dow Jones Industrial Average diverged from the broader U.S. stock market Thursday after consumer inflation posted its biggest monthly gain in almost one-and-a-half years, challenging the narrative that the Federal Reserve needs to cut interest rates aggressively to boost the economy. Dow Outperforms S&P 500, Nasdaq The DJIA surged to record highs on Thursday, […]

The post Dow Goes Berserk as Core Inflation Growth Spikes to 17-Month High appeared first on CCN Markets


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