{"id":197865,"date":"2025-10-25T14:43:04","date_gmt":"2025-10-25T18:43:04","guid":{"rendered":"https:\/\/midatlanticconsulting.com\/blog\/?p=197865"},"modified":"2025-10-25T14:43:04","modified_gmt":"2025-10-25T18:43:04","slug":"stocks-hit-record-highs-on-positive-u-s-inflation-data","status":"publish","type":"post","link":"https:\/\/midatlanticconsulting.com\/blog\/2025\/10\/stocks-hit-record-highs-on-positive-u-s-inflation-data\/","title":{"rendered":"Stocks hit record highs on positive U.S. inflation data"},"content":{"rendered":"\n

\"\"<\/a><\/p>\n

U.S. stocks surged to record highs on Friday as major indexes climbed, fueled by data revealing even milder-than-expected inflation last month and bolstering bets on a Federal Reserve interest rate cut at next week\u2019s policy meeting.<\/p>\n

Reuters<\/a>:
\u200e<\/p>\n

\n

The U.S. Consumer Price Index rose 0.3% last month, slightly less than the expected 0.4%, after climbing 0.4% in August.<\/p>\n

\u201cToday\u2019s inflation data shows that we\u2019re not in a crisis like 2022. Prices are growing, but at a controlled pace. That\u2019s good news if you\u2019re hoping the Fed will continue to cut interest rates,\u201d said Callie Cox, chief market strategist at Ritholtz Wealth Management in Charlotte, North Carolina.<\/p>\n

The Fed is expected to reduce rates two more times this year, with a quarter-percentage-point cut baked in for the October 28-29 meeting, according to LSEG calculations using rate futures.<\/p>\n

The Dow Jones Industrial Average rose 346.77 points, or 0.74%, to 47,081.38, the SP 500 rose 52.67 points, or 0.78%, to 6,791.01, and the Nasdaq Composite rose 251.42 points, or 1.10%, to 23,193.53.<\/p>\n

Five of the so-called \u201cMagnificent Seven\u201d U.S. companies at the center of the artificial intelligence boom, including Apple and Microsoft, are due to report earnings next week. <\/p>\n<\/blockquote>\n

\u200e
Probability of the too-late-to-raise, too-late-to-cut Fed cutting rates by at least 25 basis points next month is now even higher.<\/p>\n

On interest rates, Powell was way late to hike, then didn\u2019t go nearly high enough, and then started cutting too early. Three strikes and you ought to be out.<\/em> \u2013 MacDailyNews, November 15, 2024<\/a><\/p>\n

Now Powell is too late to cut. Four strikes and counting.<\/p>\n

Receipts:<\/p>\n

In July 2023, the Fed stopped raising rates too soon.<\/em> \u2013 MacDailyNews, July 2, 2024<\/a><\/p>\n

A premature rate cut by the Fed is of higher probability in an election year.<\/em> \u2013 MacDailyNews, April 2, 2024<\/a><\/p>\n

As we wrote in February 2023<\/a>, \u201cWhen certain quarters, including the Fed, delude themselves and others that \u2018inflation is transitory\u2019 and waste at least a year before doing a mere portion of what is necessary* (interest rate hikes), the price will be paid for being delusional and late.\u201d<\/p>\n

\u2018Tis best to get a handle on inflation, if you know how, while you still can.<\/em> \u2013 MacDailyNews, May 11, 2021<\/a><\/p>\n

Stop the misguided crusade against domestic energy production and profligate federal spending and inflation will be stopped dead in its tracks. It\u2019s not difficult.<\/em> \u2013 MacDailyNews, May 11, 2022<\/a><\/p>\n

For new generations, sometimes tough lessons have to be retaught and learned the hard way. As we go through this, remember: It\u2019s always darkest before the dawn.<\/em> \u2013 MacDailyNews, July 14, 2022<\/a><\/p>\n

\n

\u200e <\/p>\n

<\/a>.<\/p>\n

<\/ins> <\/div>\n

Source link: https:\/\/macdailynews.com\/2025\/10\/24\/stocks-hit-record-highs-on-positive-u-s-inflation-data\/<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. stocks surged to record highs on Friday as major indexes climbed, fueled by data revealing even milder-than-expected inflation last month and bolstering bets on a Federal Reserve interest rate cut at next week\u2019s policy meeting. Reuters: \u200e The U.S. Consumer Price Index rose 0.3% last month, slightly less than the expected 0.4%, after climbing…<\/p>\n","protected":false},"author":29,"featured_media":77917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[1,12],"tags":[],"class_list":["post-197865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-allnews","category-appleindustrynews"],"_links":{"self":[{"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/197865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/comments?post=197865"}],"version-history":[{"count":1,"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/197865\/revisions"}],"predecessor-version":[{"id":197866,"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/197865\/revisions\/197866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/media\/77917"}],"wp:attachment":[{"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/media?parent=197865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/categories?post=197865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/midatlanticconsulting.com\/blog\/wp-json\/wp\/v2\/tags?post=197865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}