25 Oct 2025 | 5 Mins Read
Wall Street hits record with calm inflation and strong earnings
Flipitmoney
The S&P 500 and Nasdaq recorded their largest weekly percentage gains since August, while the DJIA reached its biggest Friday-to-Friday jump since June, closing at all-time highs due to cooler-than-expected inflation data and upbeat corporate earnings. The Labor Department's Consumer Price Index was elevated but lower than expected, setting the stage for a Federal Reserve interest rate cut.