US markets today: Wall Street holds near record highs ahead of inflation data; Federal Reserve cautious on rate cuts as stagflation fears rise
Monday, 11 August 2025 () US stocks remained near record highs as investors awaited crucial inflation data. Economists anticipate a slight increase in July's consumer price index, driven by rising costs of groceries and fuel. Concerns about stagflation persist, with the Fed divided on interest rate cuts. Micron Technology and AMC Entertainment saw gains, while C3.ai experienced a significant drop.
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Wall Street experienced a downturn as wholesale inflation exceeded expectations, diminishing hopes for imminent interest rate cuts by the Federal Reserve. The... IndiaTimes
Wall Street braces for a potential pullback as US inflation data looms, testing the market's record-breaking rally. Strategists caution that valuations are... IndiaTimes
Monday, 11 August 2025 ()
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