25 Oct 2025 | 3 Mins Read
Stocks surge on US inflation data, dollar holds steady
Flipitmoney
Major U.S. stock indexes hit record highs, with the S&P 500 rising 0.79% to 6,791.69 and the Nasdaq Composite increasing 1.15% to 23,204.87. The Dow Jones Industrial Average surged 1.01% to 47,207.12. The inflation rate rose 0.3% last month, less than expected, and analysts predict the Federal Reserve will cut interest rates.