Today’s stock market news: Bond rates climb, stocks snap a winning streak, and CPI inflation stays unchanged.
As bond yields increased and investors processed an inflation report that revealed headline inflation has stayed steady although several areas the Federal Reserve tracks have continued cooling, stocks ended Thursday’s trading session down, snapping a four-day winning streak. S&P 500 (\GSPC) declined 0.6%, and the Dow Jones Industrial Average (\DJI) fell around 0.5%, or 170 … Read more