The S&P 500 could end the day 20 percent above its low point last year, marking an important milestone for some market watchers. But assessing a bona fide bull market is not so simple.
Tag: Standard & Poor’s 500-Stock Index
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
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The Fed Chair Says Inflation Remains Too High
The Fed chair said that it would take “some time” for inflation to moderate and that the central bank would continue to look at data as it considers whether to raise rates next month.