ET 15:50

Soft CPI Sparks Fed Cut Bets; DJIA Surpasses 50,000 as Tech and Crypto Rally

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The latest CPI report, released January 29, 2026, showed a 0.2% monthly rise and 2.4% annual inflation—both below expectations—sparking bets for multiple Fed rate cuts in 2026 and lifting Treasuries. The Russell 2000 and S&P 500 posted gains, with technology and AI-equipment stocks leading. The Dow Jones Industrial Average closed above 50,000 for the first time. Bitcoin stabilized after a steep October decline, and U.S. consumer sentiment improved, supporting broader equity gains. Note: The mention of specific stocks and a special report is not included to adhere to the constraints of avoiding marketing superlatives and boilerplate descriptions.

EditorLim