Daily Market Report | 11/14/2023
Pence Wealth2023-11-16T14:49:28-08:00Daily Market Report | 11/14/2023 US FINANCIAL MARKET S&P 500 Up 2% as Yields Tumble After CPI Surprise: Markets Wrap - Bloomberg, 11/14/2023 Stocks climbed while bond yields sank as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and its next move will be a cut in mid-2024. More than 95% of the S&P 500 companies rose, with the gauge up 2%. The Nasdaq 100 rose 2.2%. The Dow Jones Industrial Average rose 1.5%. Tesla led gains in megacaps and Nvidia extended its rally into a [...]