Moderate growth on low inflation, tariff wars, company news and geopolitics
Latest stock market news
• Stocks edged higher on lower inflation, with semiconductors and Mag-7 stocks leading gainers, excluding AAPL.The morning is unsettlingly quiet.
• A muted gain on Wall Street amid weak consumer price index data did little to boost Asian markets, leaving European investors with little cause for optimism.
One problem is that the inflation data, while offering some relief after a recent string of disappointing readings, won't translate directly into a decline in the PCE price index - the Fed's preferred measure of price pressures - because the decline was mostly...