Stocks Jump as Inflation Data Calms Rate Fears
Update: 2025-09-26
Description
Stocks surge as inflation data hints at possible interest rate cuts! The Dow jumped 300 points after the latest Personal Consumption Expenditures report showed expected inflation levels, boosting hopes that the Federal Reserve might ease up on high interest rates. Chegg, Teladoc, and Expedia saw notable gains, with Chegg riding the AI wave despite its volatile stock history. Is this a buying opportunity, or are investors still waiting for the next big AI-driven breakthrough?
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