The Wall Street Times

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US Stocks Retreat From Records as April CPI Hits 3.8% Three-Year High

US Stocks Retreat From Records as April CPI Hits 3.8% Three-Year High

Wall Street’s record-setting run hit a wall on Tuesday. The S&P 500 closed at 7,400.96 on May 12, 2026, down 0.16%, retreating from the all-time high it set just a day earlier as a hotter-than-expected April Consumer Price Index reading reset expectations for the Federal Reserve’s policy path. The Nasdaq Composite fell 0.71% to 26,088.20, while the Dow

Stocks Hit Record Highs as April Jobs Report Beats Forecasts With 115,000 Positions Added

Stocks Hit Record Highs as April Jobs Report Beats Forecasts With 115,000 Positions Added

U.S. equities pushed higher Friday after the April jobs report came in nearly double consensus expectations, providing fresh evidence of labor market resilience as Wall Street navigates elevated oil prices, sticky inflation, and an imminent Federal Reserve leadership transition. The strong payroll print, paired with a Q1 earnings season that has materially outpaced forecasts, has reinforced the bull

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