Stocks Rise as Bond Yields Drop on Weaker-than-Expected CPI Data
Equity markets rose across major indices following a decline in bond yields after weaker-than-expected U.S. June CPI data and supportive comments from Fed Chair Warsh, who highlighted economic resilience and stable labor conditions.
Tickers: $BAC $C $DIA $GS $JPM $QQQ $SKHYV $SPY
Topics: bond yields CPI Fed commentary stock market performance