S&P 500 Breaks 5,000 Mark Amid Anticipation for Key Inflation Data The S&P 500 hit a record high, closing above 5,000 for the first time after a strong few weeks driven by better-than-expected company earnings and the Federal Reserve’s consistent message on inflation. This week, all eyes are on the Consumer Price Index (CPI) for January, with experts predicting a year-on-year increase of 2.9%, down from December’s 3.4%. This suggests that while inflation is expected to have slowed, careful monitoring continues. The CPI measures changes in the price level of a basket of consumer goods and services, including food and energy, providing a key indicator of inflationary trends. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Emergency Loan Program Sees Crucial Rate Hike READ MORE Biden-Harris Administration Releases First Set of Draft Rules to Provide Debt Relief to Millions of Borrowers READ MORE Gold Prices Waver as Markets Await Inflation and Fed Signals READ MORE Wall Street’s Recession Reversal Echoes2007’s Optimism, Warns Expert READ MORE Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment