S&P 500 Hits Record High as Inflation Fears Ease
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- S&P 500 hit a record high as encouraging inflation data eased rate-hike worries, per multiple outlets covering the milestone
- Nasdaq gained ground as oil prices fell and the broader market ticked toward records, with the rally driven by cooling inflation alongside the commodity decline
Why it matters: Inflation printing 'less bad' removes a key headwind that had been pricing in additional Fed tightening, directly enabling equity multiples to expand to new highs. With oil simultaneously dropping, the record run rests on two tailwinds rather than a single factor — a sturdier setup than inflation-easing alone.
Ask SkimNews
