S&P 500 and Nasdaq rise on stable consumer prices, Fed rate expectations
- 8 bulan lalu
The S&P 500 and Nasdaq closed higher as data revealed a modest uptick in consumer prices for August, reinforcing the belief that the Federal Reserve will maintain interest rates in September. Tech giants like Tesla, Meta Platforms, Microsoft, and Amazon.com saw gains, while Apple dipped following its recent iPhone announcement. Explore the market dynamics and the outlook for the Fed's interest rate decisions in the coming months.