Stock market today: S&P 500, Dow, Nasdaq rise as CPI inflation cools, but weekly losses loom

What we drew from this source

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• Core CPI rose 0.3% month-on-month and 2.5% year-on-year in January.

  80% confidence

• Gasoline prices dropped 3.2% month-on-month and fuel oil prices dropped 5.7% in January. On a yearly basis, gasoline prices have fallen 7.5% since last January.

  80% confidence

• Electricity prices shed 0.1% from the previous month in January, while utility gas services prices rose by 1%.

  80% confidence

• Brian Armstrong attempted to ease investor and analyst concerns following Coinbase's second-worst quarterly net loss ever.

  80% confidence

• Pinterest forecasts first quarter revenue below analysts' estimates.

  80% confidence

• Moderna reaffirmed its expectation of 10% revenue growth in 2026.

  80% confidence

• Rivian's R2 midsize model is on track for delivery before the summer.

  80% confidence

• It is important for Congress to pass a bill creating federal rules for digital assets by Spring.

  80% confidence

• Consumer prices increased 0.2% in January from a month earlier, and 2.4% on an annual basis.

  80% confidence

• Headline energy costs fell 1.5% in January from the previous month and ticked down 0.1% from the previous year.

  80% confidence

• Traders are pricing in a 51% chance of at least one 25 basis-point cut by the Fed's June meeting; less than 10% pricing in a rate cut at the March meeting.

  80% confidence

• Electricity and utility gas saw large year-on-year increases of 6.3% and 9.8% respectively, driven by data center power demand.

  80% confidence

Data points we hold from this source

Cited in these Via News reports

• Fed Holds Steady: What America's Rate Pause Means for the World Economy →