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Wall Street drifts near its record following inflation update

Por: Los Angeles Times Business January 11, 2024

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Wall Street is drifting near its record Thursday after a report showed U.S. inflation is warmer than expected, but maybe not by enough to dash traders’ dreams of lower interest rates later this year. The Standard & Poor's 500 was close to flat in early trading at 4,785, just below its all-time high of 4,796.56 set two years ago. The Dow Jones industrial average was down 24 points, or 0.1%, as of 9:45 a.m. Eastern, and the Nasdaq composite... + full article



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