The Russell 2000 Index is experiencing its best day in almost a year, with shares of smaller companies surging and traders reversing bets on further Federal Reserve rate hikes. The small-cap Russell 2000 is up 4.7% and on track for its strongest one-day gain since over a year ago. The S&P 500 and Nasdaq also posted their largest daily percentage gains since April 27, driven by softer-than-expected inflation data, supporting the view that the Federal Reserve may be finished with interest rate increases. Wall Street rallied on the back of encouraging inflation data, reflecting expectations that the Fed may not need to raise interest rates again, leading to a 1.9% rise in the S&P 500 and a roughly 5% climb in the Russell 2000 index of smaller companies. Equities surged to their highest levels in months after the latest monthly inflation report revealed lower price increases than anticipated, and stock futures point to more market gains after softer-than-expected U.S. inflation data sent equities and bonds soaring. The dollar faltered at lower levels as a surprisingly softer U.S. inflation reading bolstered bets that the Federal Reserve has reached the end of its monetary tightening.
Dollar rises as data suggests more Fed patience on rate cuts - Reuters https://t.co/3zPAxJRGEc
US Stocks rose across the board as fresh inflation data reinforced investor hopes that the Federal Reserve is done raising interest rates https://t.co/5NjhYmsQU0 https://t.co/u2t4IX989V
US stocks ended higher after more signs of cooling inflation and an upbeat forecast from retailer Target https://t.co/wPtL58L9Mk https://t.co/bUV7kxu0DS
Dollar holds ground as macro data hints at later Fed rate cut https://t.co/KghVRdnst1 https://t.co/dibczGDsYh
US stocks ended higher after more signs of cooling inflation and an upbeat forecast from retailer Target https://t.co/5NjhYmsQU0 https://t.co/OZaCoCyOJn
US Stocks rose across the board as fresh inflation data reinforced investor hopes that the Federal Reserve is done raising interest rates https://t.co/wPtL58L9Mk https://t.co/5TSjyAqicz
Stocks climbed on Wednesday, building on the strong rally from the previous session, on the back of more encouraging inflation data. The S&P 500 advanced 0.16%. The Nasdaq inched higher by 0.07%. The Dow added 0.47%. https://t.co/20gCRTAWWk https://t.co/9vvHtvPMgP
Gold eases as firm dollar counters bets on peak US rates https://t.co/NorH1W8CEx https://t.co/Emade91Yjw
US stocks extend gains as fresh inflation data show wholesale prices falling by the most since 2020 https://t.co/veOF9DKVZs
DOLLAR DOWN AS MARKETS BET FED DONE WITH HIKES (Reuters) The dollar stuttered at broadly lower levels on Wednesday after slumping overnight as a surprisingly softer U.S. inflation reading bolstered bets that the Federal Reserve has reached the end of its monetary tightening… https://t.co/K4pUI3NT4H https://t.co/999sH48SWw
Stock Market Today: Wall Street rally rumbles on as inflation slump sparks peak rate bets https://t.co/xrFjq81giU
Stock futures point to more gains for markets after softer-than-expected U.S. inflation data sent equities and bonds soaring. Click the image below to follow our live markets coverage. https://t.co/fwkRQmLnvt https://t.co/fwkRQmLnvt
Equities rallied to their strongest levels in months Tuesday after the latest monthly inflation report revealed lower price increases than anticipated. https://t.co/Qe631jIWO9
WATCH: The S&P 500 and Nasdaq posted their biggest daily percentage gains since April 27 as softer-than-expected inflation data supported the view that the Federal Reserve may be done raising interest rates https://t.co/X3RCxVs0cA https://t.co/WScGPQGJi8
US stocks posted their biggest daily percentage gains since April 27 after encouraging inflation data supported the view that the Federal Reserve may be done hiking rates https://t.co/tzbRydzph1 https://t.co/dAPxASyGVs
Dollar down as markets bet Fed done with hikes https://t.co/QukwlpRaN0 https://t.co/VVtb8rpi9L
Wall St rallies as data supports view Fed may be done hiking rates https://t.co/svKLPi0nfb https://t.co/s5x17jh6tg
Wall Street rallied after encouraging inflation data supported the view that the Fed may be done hiking rates https://t.co/tzbRydzph1 https://t.co/oh1couvKbx
Reflecting expectations that the Fed may not need to raise interest rates again, the S&P 500 rose 1.9 percent, while the Russell 2000 index of smaller companies climbed roughly 5 percent. https://t.co/dvfQD5kQh6
WATCH: Wall Street rallied after encouraging inflation data supported the view that the Fed may be done hiking rates https://t.co/X3RCxVs0cA https://t.co/ub3unpERgC
WATCH: US stocks posted their biggest daily percentage gains since April 27 after encouraging inflation data supported the view that the Federal Reserve may be done hiking rates https://t.co/X3RCxVsy28 https://t.co/DnQHvXy3zE
The S&P 500 and Nasdaq posted their biggest daily percentage gains since April 27 as softer-than-expected inflation data supported the view that the Federal Reserve may be done raising interest rates https://t.co/tzbRydyRrt https://t.co/jRGAlKxVVT
Stock futures tick higher after S&P 500 and Nasdaq post best day since April: Live updates https://t.co/Zaj2TqIH6C
Wall St rallies as data supports view Fed may be done hiking rates https://t.co/20QmbuwhT1 https://t.co/fnknykh5t1
Tired: Stocks are doomed, rates are so high Wired: The S&P 500 just rose 1.9%, capping its best day since April Inspired: Small caps (via the Russell 2000) just jumped 5.3%, their best day since last November's CPI report https://t.co/xzmbxnOUpc
Stocks rallied Tuesday, building on their strong November gains, as Wall Street cheered new U.S. inflation data. The Dow jumped 1.7%. The S&P 500 rallied 2.1%. The Nasdaq traded 2.5% higher. https://t.co/nqWJj6LdF6 https://t.co/xajqg9f8VB
The small-cap Russell 2,000 is up 4.7% at the moment and tracking for its strongest one-day gain since it rose 6.11% just over a year ago on 11/10/22.
The Russell 2000 Index is having its best day in nearly a year, as shares of smaller companies rally with traders erasing bets on more Federal Reserve hikes https://t.co/Qubn7xEIzm
The Russell 2000 Index is having its best day in nearly a year, as shares of smaller companies rally with traders erasing bets on more Federal Reserve hikes https://t.co/CzOZglKhIT
The Russell 2000 Index is having its best day in nearly a year, as shares of smaller companies rally with traders erasing bets on more Federal Reserve hikes https://t.co/GyvQ8o9vv0