Wall Street rose to records after an update said U.S. households are feeling a bit less pain from inflation than feared
ByThe Associated Press
October 24, 2025, 8: 21 PM
Wall Street rose to records after an update said U.S. households are feeling a bit less pain from inflation than feared.
The S&P 500 climbed 0.8% Friday and topped its prior all-time high set earlier this month. The Dow Jones Industrial Average jumped 1%, and the Nasdaq composite rallied 1.1%. Both also set records.
The inflation data could clear the way for the Federal Reserve to keep cutting interest rates in hopes of helping the slowing job market. A strong earnings report