{"id":10562,"date":"2026-10-01T14:08:19","date_gmt":"2026-10-01T14:08:19","guid":{"rendered":"https:\/\/ograsset.com\/?p=10562"},"modified":"2026-10-01T14:08:20","modified_gmt":"2026-10-01T14:08:20","slug":"us-stocks-rise-after-stable-inflation-reading","status":"publish","type":"post","link":"https:\/\/ograsset.com\/index.php\/2026\/10\/01\/us-stocks-rise-after-stable-inflation-reading\/","title":{"rendered":"US stocks rise after stable inflation reading"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"697\" height=\"371\" src=\"https:\/\/ograsset.com\/wp-content\/uploads\/2026\/10\/image.png\" alt=\"\" class=\"wp-image-10563\" srcset=\"https:\/\/ograsset.com\/wp-content\/uploads\/2026\/10\/image.png 697w, https:\/\/ograsset.com\/wp-content\/uploads\/2026\/10\/image-300x160.png 300w\" sizes=\"auto, (max-width: 697px) 100vw, 697px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Wall Street stocks rose early Wednesday following a stable US inflation reading and data showing better hiring than expected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Government data showed the US Federal Reserve\u2019s preferred inflation gauge stood at 3.4 per<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">cent year-on-year in August, unchanged from the month before after a revision to the July data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report, according to AFP on Wednesday, revealed lower price increases than expected,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">though the inflation reading is still well above the Fed\u2019s target level.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">About 20 minutes into trading, the Dow Jones Industrial Average was up 0.1 per cent at<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">51,386.46.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The broad-based S&amp;P 500 rose 0.4 per cent to 7,699.89, while the tech-rich Nasdaq Composite<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Index advanced 0.6 per cent to 26,958.66.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAny good news on inflation right now is understandably interpreted as good news,\u201d said Steve<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sosnick of Interactive Brokers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Private sector job growth came in at 90,000 last month, according to payroll firm ADP, up from<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">38,000 the month before and well above market expectations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The US Commerce Department strongly revised its estimate for second-quarter GDP growth in<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">the world\u2019s largest economy, moving it up by 0.7 percentage points to 2.2 percent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/punchng.com\/us-stocks-rise-after-stable-inflation-reading\/\">https:\/\/punchng.com\/us-stocks-rise-after-stable-inflation-reading\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street stocks rose early Wednesday following a stable US inflation reading and data showing better hiring than expected. Government data showed the US Federal Reserve\u2019s preferred inflation gauge stood at 3.4 per cent year-on-year in August, unchanged from the month before after a revision to the July data. The report, according to AFP on&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/ograsset.com\/index.php\/2026\/10\/01\/us-stocks-rise-after-stable-inflation-reading\/\" class=\"excerpt-read-more\">Read More \u2192<\/a><\/p>\n","protected":false},"author":2,"featured_media":10563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-10562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fit-row"],"jetpack_featured_media_url":"https:\/\/ograsset.com\/wp-content\/uploads\/2026\/10\/image.png","_links":{"self":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts\/10562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/comments?post=10562"}],"version-history":[{"count":2,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts\/10562\/revisions"}],"predecessor-version":[{"id":10565,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts\/10562\/revisions\/10565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/media\/10563"}],"wp:attachment":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/media?parent=10562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/categories?post=10562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/tags?post=10562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}