Wall Street failed to gain any real momentum even as data show inflation continues to fall and sentiment continues to rise.
Nick Rummell is a legal and markets reporter based in New Jersey. He has covered state and federal courts in the state, as well as such high-profile cases as the Bridgegate scandal and defamation cases involving 2020 election conspiracies. He has previously covered financial regulation, corporate governance, healthcare, and food, as well as worked in Michelin-starred kitchens as a line cook.
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Wall Street failed to gain any real momentum even as data show inflation continues to fall and sentiment continues to rise.
Stocks did not rally significantly when Nvidia was named the most valuable company in the world this week. They didn’t have much reaction when the company’s stock fell precipitously, either.
Two of the three major U.S. indices hit new high points this week — though with the Federal Reserve holding steady on interest rates, those gains were fairly limited.
Wall Street failed to gain any real momentum even as data show inflation continues to fall and sentiment continues to rise.
Wall Street failed to gain any real momentum even as data show inflation continues to fall and sentiment continues to rise.
Wall Street failed to gain any real momentum even as data show inflation continues to fall and sentiment continues to rise.
Wall Street failed to gain any real momentum even as data show inflation continues to fall and sentiment continues to rise.
Wall Street failed to gain any real momentum even as data show inflation continues to fall and sentiment continues to rise.