When inflation goes down, stocks go up

Marketplace Morning Report

May 16 2024 • 9 mins

Stock traders on Wall Street were feeling bullish on Wednesday. All three major stock indexes in the U.S. rose to record highs on the back of yesterday’s inflation report. The consumer price index report, which showed inflation cooling, made traders optimistic about the prospect of an interest rate cut. Then, we’ll delve into the staggering costs of inequities in mental health care and hear how Americans are feeling about tariffs on Chinese goods.

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