Inflation Relief Rally: Stocks Jump on Cooling Data
Update: 2025-10-24
Description
Did Wall Street just get a breather? Stocks surged after surprisingly cool inflation data sparked hopes the Federal Reserve might ease up on interest rates. Real estate and utilities stocks jumped, with Compass soaring nearly five percent. But don't get too comfortable: Compass, despite a strong year, is still volatile, and the market's next move hinges on upcoming economic news.
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