Wall Street spent the week swinging between relief and worry. Stocks rallied hard on Monday, then slipped on Tuesday, when a hotter-than-expected inflation report arrived just as Federal Reserve officials were openly talking about raising interest rates again.
The swings followed the S&P 500’s biggest weekly drop since April 2025.
Hot Inflation Data Revives Rate-Hike Bets
The Consumer Price Index rose 0.4% in October, the Labor Department said. Economists polled by Reuters had expected a...