{"id":14296,"date":"2025-10-24T19:47:03","date_gmt":"2025-10-24T19:47:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/us-stocks-react-to-cpi-inflation-report-dow-jumps-350-points\/"},"modified":"2025-10-24T19:47:09","modified_gmt":"2025-10-24T19:47:09","slug":"us-stocks-react-to-cpi-inflation-report-dow-jumps-350-points","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/us-stocks-react-to-cpi-inflation-report-dow-jumps-350-points\/","title":{"rendered":"US stocks react to CPI inflation report \u2013 Dow jumps 350 points"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">US stocks reacted sharply to the consumer price index inflation reading for September, with the Dow Jones Industrial Average jumping more than 350 points and both the S&amp;P 500 and the Nasdaq hitting new all-time highs.<\/p>\n<div id=\"cn-block-summary-block_2a3e2ad35e8b6185edacc5b2df340913\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The US Bureau of Labor Statistics released the consumer price index inflation report for September on Friday.<\/li>\n<li>US CPI data showed inflation rose 0.3% in the month, compared to forecasts of 0.4%.<\/li>\n<li>Dow jumps 350 points, S&amp;P 500 and Nasdaq hit record highs.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>US stocks rose on Friday as the market reacted to cool inflation data, with investors upbeat ahead of the Federal Reserve\u2019s expected interest rate cut next week.<\/p>\n<p>With Wall Street seeing an optimistic outlook for the US economy, and investors confident of further gains for equities, the Dow Jones Industrial Average jumped more than 350 points. The blue chip index was up 0.8% at the time of writing.\u00a0<\/p>\n<p>Elsewhere, the S&amp;P 500 gained 0.8% and the Nasdaq Composite climbed 1.2% as both gauges hit new all-time intraday highs.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">US stocks jump on CPI data<\/h2>\n<p>The market has awaited the release of the September consumer price index report with greater anticipation than in recent months.<\/p>\n<p>Part of this is down to the economic data blackout occasioned by the government shutdown that\u2019s going into a fourth week.\u00a0<\/p>\n<p>What to expect of US CPI ahead of the release was the main question ahead of Friday\u2019s reading. But when the time came, the forecast 0.4% month-on-month reading came in at 0.3%, and that appeared to trigger a positive reaction from investors<\/p>\n<p>The Bureau of Labor Statistics\u2019 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\" target=\"_blank\" rel=\"nofollow\">CPI data<\/a> showed an annual inflation rate of 3%, below the forecast 3.1%. Core CPI, which ignores food and energy, came in at 0.2% in September and 3% annually \u2013 again cooler than economists\u2019 forecasts of 0.3% and 3.1%, MoM and YoY, respectively.<\/p>\n<p>Investors now have their eyes on the Fed, with odds of a rate cut in October at 98-99%. Per the CME Fedwatch tool, bets on a 25 basis points cut in December 2025 have jumped from 91% to 98.5%.<\/p>\n<p>As well as the Fed cut, market sentiment is upbeat amid President Donald Trump\u2019s anticipated meeting with China\u2019s Xi Jinping on trade matters. Robust earnings results also continue to buoy stocks. Analysts also expect cryptocurrencies to gain amid the risk asset markets, which tick up.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US stocks reacted sharply to the consumer price index inflation reading for September, with the Dow Jones Industrial Average jumping more than 350 points and both the S&amp;P 500 and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14296"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14296\/revisions"}],"predecessor-version":[{"id":14297,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14296\/revisions\/14297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9256"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}