Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb - Reuters.com

Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb - Reuters.com
Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.
NEW YORK, Aug 10 (Reuters) - Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal … [+5055 chars] Read More



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