This is a US news story, published by Yahoo Finance, that relates primarily to Jensen Huang news.
For more US news, you can click here:
more US newsFor more Jensen Huang news, you can click here:
more Jensen Huang newsFor more Us federal policies news, you can click here:
more Us federal policies newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about
August Consumer Price Index. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Fewer Fed rate cuts news, Core prices news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
latest Consumer Price IndexYahoo Finance
•88% Informative
The benchmark S&P 500 (^GSPC) rose more than 1% , while the tech-heavy Nasdaq Composite (^IXIC) led the charge, rising almost than 2.2% . The Dow Jones Industrial Average popped about 0.2% , or more than 100 points.
Nvidia ( NVDA ) shares soared over 8% as CEO Jensen Huang spoke at a Goldman Sachs conference.
GameStop stock drops more than 14% after disappointing quarterly results.
Private prison stocks also drop after fiery debate between Donald Trump and Kamala Harris .
Markets sell off following read-through that the Fed won't cut interest rates by 50 basis points as some had hoped.
But some strategists argue that a 25 basis point cut would be a more welcome sign from the Federal Reserve .
Housing inflation the 'only real standout surprise' of August CPI report.
Housing inflation still isn't easing, according to BLS report.
Citi chief US economist Andrew Hollenhorst moves September Fed call to 25 basis points from 50 .
The Dow Jones Industrial Average dropped about 1.5% or more than 600 points, extending losses from the prior trading session.
VR Score
93
Informative language
95
Neutral language
48
Article tone
formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Affiliate links
no affiliate links