Welcome back to need to know on news. I'm
alongside Baker, Machado. This segment is brought to
you by Wisdom Tree, the future of investing.
Let's get right to Kristen Scher on the floor of
the New York Stock Exchange. Good morning, Chris
Baker. That's right. The trading day off to
the races is here at the New York Stock Exchange
or celebrating the open at the New York Stock Exchange
and Jen Restaurant Group up there on the floor of
the NASDAQ in Times Square. So let's take a
look at how the market opened on this Wednesday.
Pretty decent gains. In fact, across the board
investors, Americans got what they wanted to hear on
inflation data coming down, cooling a little bit still
above the fed's long term 2% target, but certainly
moving lower and actually exceeding economist expectations in terms of
the cool down. So that is welcome news to
investors even though traders are still betting that the fed
will raise rates again at its next meeting in late
July. So the NASDAQ leading the way of 1.2%
the S and P of 8, 10 of a
percent, the dow higher by 6/10 of a percent --> .