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Wall Street Soars to Records as Cooler Inflation Fuels Rate Cut Hopes
Stock Market Newsยท2025-10-24 14:07

U.S. equities opened Friday's trading session with significant gains, propelling major indexes to new record highs, as investors reacted positively to a milder-than-expected September inflation report. The Consumer Price Index (CPI) data, delayed due to an ongoing U.S. government shutdown, provided a much-needed boost to market sentiment, fueling hopes for continued interest rate cuts by the Federal Reserve.Major Market Indexes Hit New RecordsThe optimism was palpable across Wall Street as the market opened ...