Silver Jumps To $89 After Soft CPI, JPMorgan Falls 3% - Advanced Micro Devices (NASDAQ:AMD)

Wall Street traded timidly on Tuesday despite another benign inflation report that reinforced expectations for Federal Reserve rate cuts later this year, as a weaker-than-expected start to the earnings season kept investors cautious.The Consumer Price Index rose 2.7% year over year in December, matching both the prior reading and economist estimates. Notably, core CPI came in at 2.6% year over year, slightly below expectations.Supply concerns continued to push silver higher, with the grey metal jumping 4.5% ...