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The latest inflation data was exactly the fuel stocks needed to close at fresh all-time highs
Yahoo Finance·2025-10-25 12:06

Stocks closed at record highs on Friday as September inflation signaled more Fed rate cuts to come. Consumer prices rose 3% year-over-year, below economists' expectations. With rate cuts on the horizon, "it's hard to see an interruption of this year's bull market," a CIO said. US stocks shot up to fresh all-time highs to end the week, boosted by a late September inflation report that showed inflation accelerated less than expected. Consumer prices rose 3% in September, the Bureau of Labor Statistic ...