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Wall Street Ticks Higher After May Inflation Data

Summary by The Economic Times
The S&P 500 and Nasdaq opened near record levels on Wednesday, as a cooler-than-expected inflation report calmed concerns around tariff-driven price pressures and fanned expectations for interest rate cuts.

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May inflation in the U.S. was lower than expected. Markets reacted with ups in bonds and shares, and dollar drop. What can happen now.

The futures of Wall Street anticipate an upward opening, following the principle of trade agreement between the US and China and after the May inflation data. This fact is decisive for expectations about the Federal Reserve’s rate policy.

·Argentina
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US stocks opened higher on Wednesday as markets digested inflation data and the China-US trade deal. Quantum technology companies were on a strong rise.

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Kitco NEWS broke the news in on Wednesday, June 11, 2025.
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