Wall Street advances amid inflation signals as investors await Fed clarity

US stocks edged higher on easing inflation signals as global markets paused before Fed decisions, while Victoria’s Secret delivered strong regional sales growth.

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10 days ago

Wall Street advances amid inflation signals as investors await Fed clarity

Wall Street advances amid inflation signals as investors await Fed clarity
Trading sentiment in US equities improved on December 5 as inflation data supported expectations of a gradual policy shift, while investors positioned cautiously ahead of key Federal Reserve decisions. The S&P 500 logged a weekly gain of 0.4 percent as Dow futures held steady into the close. Victoria’s Secret reported a 5 percent rise in North America sales to 778 million dollars and a 33 percent surge in international revenue to 264 million dollars.