Stocks Hit Record Highs After Benign Inflation Report
Barronsยท2025-10-24 13:50
LIVE By Connor Smith The stock market hit its highest levels on record Friday after the September inflation report gave the Federal Reserve the green light for more interest-rate cuts. The Dow Jones Industrial Average rose 377 points, or 0.8%. The S&P 500 was up 0.8%. The Nasdaq Composite was up 1%. All three set intraday record highs. The yield on the 2-year Treasury note dropped to 3.47%. The 10-year yield was down to 3.99%. Dow Opens Up After CPI Inflation Report Last Updated: Updated 15 min ago Stocks H ...