US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

U.S. stocks are drifting near a record on Thursday as Wall Street’s recent rally loses some momentum. The S&P 500 was down 0.1% in early trading after pulling to the edge of its all-time high Wednesday following its sixth gain in seven days.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts.

Wall Street’s main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump’s executive orders after taking office and awaited his first move on trade policy. In morning trading, the Dow Jones Industrial Average rose 423 points, or 1%, to 43,911.

U.S. stocks are ticking higher following an encouraging update on inflation. The S&P 500 rose 0.4% in early trading Tuesday. The Dow Jones Industrial Average was up 163 points, and the Nasdaq composite was 0.

Wall Street pointed modestly higher ahead of this week’s latest U.S. inflation reports and the unofficial start of earnings season Wall Street pointed modestly higher early Tuesday ahead of new ...

The S&P 500 was 1.5% higher in early trading. The Dow Jones Industrial Average was up 652 points, or 1.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.7% higher.

For 2024, core inflation averaged 2.7%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.4% versus 4.8% in 2023, suggesting that policymakers' efforts to tame price pressures have been a success.

Wall Street has been seesawing for weeks as traders ... but it could also give inflation more fuel. Traders were ebullient last year about the possibility of a string of cuts to rates, when ...

Wall Street has been lurching down and up for weeks ... but it could also give inflation more fuel. Traders were ebullient last year about the possibility of a string of cuts to rates, when ...

Wall Street has been lurching down and up for weeks ... but it could also give inflation more fuel. Traders were ebullient last year about the possibility of a string of cuts to rates, when ...