Economic Outlook - Treasury Secretary Scott Bessent expressed confidence in the U.S. economy, highlighting key deflationary trends and tax policy changes that are positively impacting working Americans [1][2] - Bessent anticipates that 2026 and 2027 will be strong years for the economy, attributing this to recent tax reforms enacted by President Trump [2] Tax Reforms and Disposable Income - The recent tax reforms include no taxes on tips, overtime, and Social Security, as well as the deductibility of auto loans for American cars, which are expected to boost real income [2] - Many workers have kept their withholding levels unchanged, leading to substantial tax refunds in the first quarter of next year, which will increase disposable income [3][4] Inflation and Consumer Price Index - Bessent stated that the administration has the affordability crisis, referred to as "Biden inflation," under control, with energy prices decreasing [5] - The Consumer Price Index (CPI) is expected to show a downward trend in the coming months, with the September report delayed but anticipated to impact Federal Reserve interest rate decisions [5][6] - A significant increase in the number of CPI components experiencing price surges was noted, rising from 55% a year ago to 72%, primarily due to Trump's tariffs [6]

The Dow, S&P 500, and Nasdaq climbed to record highs in intraday trading Friday after a flurry of strong corporate earnings and the release of a cooler-than-expected inflation report. https://t.co/ri5Q9NXhRy ...

Core Insights - The Dow Jones Industrial Average reached a record high, closing at 47,207.12, up 472.51 points (1.01%) on October 24, 2025, driven by a lower-than-expected September inflation report with a Consumer Price Index (CPI) of 3.0% year-over-year, slightly below the anticipated 3.1% [1] - Investor optimism for potential Federal Reserve interest rate cuts increased, with markets pricing in a high probability of cuts at upcoming Fed meetings, supported by strong corporate earnings reports exceeding analyst expectations [1] Sector Performance - Positive sentiment resulted in substantial gains across various sectors, particularly technology and financials, with IBM leading the Dow with a 7.43% increase, followed by Goldman Sachs at 3.94%, and JPMorgan Chase at 2.39% [2] - Other notable gainers included Apple, which rose by 1.73%, and Nvidia, up 1.69%, indicating a renewed appetite for growth-oriented assets as inflation concerns eased [2] Individual Stock Movements - Despite the overall market surge, some Dow components experienced declines, with 3M as the biggest laggard, falling 1.93%, followed by Honeywell at 1.72%, Disney at 1.01%, and Johnson & Johnson down 0.95% [3] - These movements highlight that while the broader narrative of cooling inflation and anticipated rate cuts provided a tailwind, specific company-centric factors or sector rotations still influenced performance within the index [3]

So, with today's inflation report, can we add rate cuts to the list of bullish market indicators and will that keep this rally going. Well, joining us now is Renaissance Macro Research head of US economics Neil Duta and Evans May wealth managing partner Brooke May. Great to have you both both here.And Brooke, I'm going to kick this conversation off with you because so far earning season has been incredibly strong when you look at these beat rates much much higher than we've seen uh previously and and histor ...

“For a Fed focused on prudent ‘risk management,’ that should translate into another rate cut next week, and likely more to follow,” she said.The CPI report confirms what we’ve seen overall from private data during the government shutdown — little indication that inflation is surging or that the labor market is falling off a cliff, according to Ellen Zentner at Morgan Stanley Wealth Management.“The Fed has been clear that they are more focused on the softening labor data and will continue to defend their ful ...

It's a September surprise. Monthly consumer price inflation came in a tick lower than forecast last month for both headline and core, up 3/10 and 2/10. Housing, food and car costs were remarkably restrained.The government's measure of home prices rose at the slowest pace since January 2021. The White House hailed the numbers and analysts say it confirms the Fed will cut rates again. But annual inflation is still rising, both core and headline up 3% over the past 12 months.The Fed's target is 2%. Furniture, ...

All right, Shan. I mean, it's pick your pick your spot, right. We're We could close above 6,800 on the S&P. We could close above 2500 on the Russell, and we are going to close above 47K on the Dow.>> Yeah, it's it's really the so what shutdown story, Scott. We're moving into another week of a government shutdown and yet, you know, we got the the the data release we needed, right. The inflation data release, which continues to be supportive of what the Fed wants to do.They want to make they haven't seen that ...

US stocks rally, and the Dow closes above 47,000 for first time after a cooler-than-expected inflation report. https://t.co/foHBmUfvaK ...

Stocks soaring to record highs on the back of a delayed CPI report showing inflation was inflation was softer. I guess you say cooler than expected. The Dow closing above 47,000 for the first time.Record closes for the S&P 500 and the Nasdaq as well. And today's gain putting all the major averages into the green for the week. Gains of 2% across the board.Six of the MAG seven stocks higher today with the exception of Tesla. A big week for Apple. The stock hitting an all-time high, getting close to $4 trillio ...

All right, we got two key data points out today that affect your finances. Inflation hit 3% annual rate in September, and based on CPI data, Social Security benefits will increase 2.8% next year for more than 71 million Americans. But a lot of people have not factored in inflation or government benefits into their retirement planning.Sharon Eper joins us now with some exclusive reporting on these survey reports. Uh that the results that show not only it's an issue in the US, but it's an issue for investors ...