US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,

The markets were braced for a rebound in June inflation in Canada and the US and that's exactly what happened today in both countries, as CPI and cor

Currencies showed little reaction to data showing China’s economy grew 5.2% last quarter, slightly topping analysts’ forecasts.

The June index for bread was 240.3, up 0.1% from May but down 0.2% from a year ago. Under this heading, the CPI for white bread was 432.1, up 0.5% from May but down 0.4% from June 2024. For bread other than white, the index was 470, down 0.7% from May and down 0.2% from a year ago.

Gold and iron ore have eased, with the precious metal softer after US inflation rose less than expected and the steel-making bulk weaker on China property

Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right now, the Fed’s preferred inflation gauge is running closer to 3 percent, still higher than its 2 percent target.

The dollar hovered near a three-week high versus major peers on Tuesday as traders awaited the release of U.S. inflation data later in the day that could provide clues on the path for monetary policy.

Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.