Stock Market Today: S&P 500, Nasdaq soar to fresh records after inflation cools and Fed sees improving outlook

Update: 2024-06-13

Description

US stocks popped to fresh records Wednesday as investors digested a one-two punch: a cooler-than-expected reading on inflation, and the Federal Reserve holding interest rates steady but slashing projections for cuts this year.

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Stock Market Today: S&P 500, Nasdaq soar to fresh records after inflation cools and Fed sees improving outlook

#box-pro-ellipsis-172041196452037{-webkit-line-clamp:2;}Stock Market Today: S&P 500, Nasdaq soar to fresh records after inflation cools and Fed sees improving outlook

Stock Market Today: S&P 500, Nasdaq soar to fresh records after inflation cools and Fed sees improving outlook

Stock Market Today: S&P 500, Nasdaq soar to fresh records after inflation cools and Fed sees improving outlook