S&P 500 Record After CPI Data Reinforcing a FED Rate cut – DAX Stable Ahead of Central Bank Marathon and big Tech Earnings – Intel Boosts Semiconductors - Ford and P&G Impress While Deckers Crashes – JPMorgan Opens Wall Street for Bitcoin and Co.and BigBear.ai Accelerates Passenger Processing at U.S. Airports

S&P 500 record after CPI data reinforcing a FED rate cut Wall Street reacted on Friday with significant gains following better-than-expected inflation numbers. The S&P 500 marks a new all-time high, as the data significantly boosts market participants’ expectations for a rate cut by the Federal Reserve next week. The Core Consumer Price Index (Core CPI) rose just 0.2% month-over-month in September – the slowest increase in three months. Year-over-year, the inflation rate stands at 3%, fueling hopes that the central bank can continue...