Bloomberg Markets
US stocks drifted before the bell Wednesday as investors digested the Federal Reserve’s preferred inflation gauge and wait for earnings from chipmaking giant Nvidia Corp.
Bloomberg Markets
Treasury yields edged higher after a key gauge showed inflation remains well above the Federal Reserve’s target, keeping alive expectations that the central bank will start raising interest rates by the end of the year.
Yahoo Finance
Yahoo Finance
Yahoo Finance
MarketWatch
The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, potentially pushing the Federal Reserve closer to a vote to raise interest rates next month.