Volatility Shifts: Wall Street Hopes Amid Inflation Woes

Wall Street stocks experienced a rise following several declines, helped by dropping Treasury yields as inflation data aligned with expectations. Dell and HP fell after bleak forecasts, while tech sectors face pressure due to potential overinvestment. The Federal Reserve's next move remains critical amid ongoing economic and policy concerns.


Devdiscourse News Desk | Updated: 28-02-2025 22:43 IST | Created: 28-02-2025 22:43 IST
Volatility Shifts: Wall Street Hopes Amid Inflation Woes
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Amid turbulent trading, Wall Street's primary indexes saw gains on Friday. This increase came after extended periods of decline, assisted by plummeting Treasury yields after inflation data matched forecasts for the last month.

Despite the positive movement for many stocks, tech giants such as Dell and HP suffered after issuing pessimistic forecasts. Concerns over potential overspending in artificial-intelligence infrastructure have further pressured technology firms, contributing to a precarious market atmosphere.

The Federal Reserve's next steps remain uncertain as economic and policy anxieties continue to loom. Investors and analysts keenly await comments from Chicago Fed President Austan Goolsbee and the impact of upcoming trade and job reports on the market trajectory.

(With inputs from agencies.)

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