Stocks Surge as Inflation Cools, Fed Rate Hike Hopes Fade

📡 CNBC Top News Jul 15 · 1 min read ·

Part of composite article Micron’s 17% Revenue Surge Leads Chip Rebound as Stocks Rally, Oil Falls View full article →

Stocks rose on Tuesday, lifted by signs that inflation is slowing. The data boosted investor confidence that the Federal Reserve will pause its interest rate hikes for now. The market closed higher, reflecting growing optimism about a steady economic path.