The White House is saying that there will likely not be an inflation report next month.

I guess they don't see the government opening soon.

For now the stock markets are cheering on the 3% inflation (when 3% is a good thing is when 3.1% was expected) and the shutdown.

* Dow is up 216 point
* S&P is up 42 points
* Nasdaq is up 215 points.




Chips stocks are higher after Intel reported better than expected earnings.

* Nvidia, +1.0%
* AMD +3.51%
* Broadcom +2.86%
* Qualcom + 0.95%
* Micron +2.97%
* Intel +5.7%



This article was written by Greg Michalowski at investinglive.com.


https://investinglive.com/news/white-house-there-will-likely-not-be-an-inflation-report-next-month-stocks-trades-higher-20251024/?utm_source=dlvr.it&utm_medium=blogger