Wall Street hits record high after Fed minutes, awaiting CPI data

From Investing.com: 2024-10-10 05:55:00

The Fed minutes from the September meeting show uncertainty over rate cuts; Wall Street rallies to all-time high. Dollar stalls near two-month peak before CPI report release. Gold and oil stabilize following recent losses; gold halts decline, oil cautious amid Israeli-Iran tensions. Global markets optimistic on China’s stimulus plans, waiting for details this Saturday. Nvidia boosts shares, Alphabet drops on concerns. Market expects 25-bps rate cut in November despite Fed’s mixed signals. US equities confident ahead of Q3 earnings season kickoff.



Read more at Investing.com: Wall Street Hits New Record After Fed Minutes, CPI Eyed Next