S&P 500 Eyes Best Day in Month as Fedspeak Signals Rate Patience
The S&P 500 Index rose Thursday, on track for its best day in a month, as investors weighed remarks from Federal Reserve Governor Christopher Waller, who offered optimism that inflation is showing some signs of slowing. Traders pared bets for interest-rate hikes in September.
<p>The S&P 500 Index rose Thursday, on track for its best day in a month, as investors weighed remarks from Federal Reserve Governor Christopher Waller, who offered optimism that inflation is showing some signs of slowing. Traders pared bets for interest-rate hikes in September.</p>