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Market Soars on Cooling Inflation | Tulsa News
Description
Stocks just hit a new high as the S&P 500 surges past its record, fueled by cooler-than-expected inflation data and falling oil prices. The S&P rose 0.7%, Nasdaq jumped 0.8%, and the Dow added 0.1%. Investors are cheering the easing inflation, seeing it as a sign the economy’s cooling—boosting confidence and pouring money into markets. Year-to-date, the S&P is up nearly 14%, Nasdaq over 15%, and the Russell 2000 leads with more than 23% gains. The trend? Strong—and getting stronger.
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