#MarketRebound

The stock market made a comeback on Friday as investors welcomed fresh inflation data. The Dow Jones, S&P 500, and NASDAQ all rose by over 1.5%. This optimism followed a report showing a slowdown in price increases for November. The Federal Reserve’s preferred inflation gauge revealed that core prices had eased more than expected, although they remain higher than the Fed’s 2% goal. Wall Street’s bounce capped a volatile week, giving traders hope after days of steep losses.

Earlier in the week, stocks struggled under the weight of a hawkish Federal Reserve. The central bank signaled fewer rate cuts in the coming years than previously anticipated, rattling investor sentiment. Still, the new inflation data offered a reprieve, helping markets end the week on a brighter note. Traders hope this data signals slower inflation ahead.