The S&P 500 added 0.3% on Wednesday, Aug. 13, 2025, posting a record closing high for the second straight day after mellow inflation data raised rate-cut expectations.

Future rate cuts may be less likely if renting and construction costs contributing to housing inflation continue to grow.

The Dow Jones Industrial Average rose 1 per cent to 44,922.27. Read more at straitstimes.com. Read more at straitstimes.com.

U.S. stocks are ticking higher after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

What Happened? A number of stocks jumped in the afternoon session after markets continued to rally as investor optimism grew ...

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.