Wall Street Is On Hold In Run-Up To Inflation Data: Markets Wrap
Published on: Aug. 28, 2025, 8:04 p.m. | Source: NDTV Profit
Wall Street trading was fairly quiet, with stocks holding near all-time highs as data showed economic resilience before a key inflation report. Bonds were mixed. The dollar fell. Just 24 hours ahead of the release of the Federal Reserve’s favored inflation gauge, data showed the US economy expanded in the second quarter at a slightly faster pace than initially estimated on a pickup in business investment and an outsize boost from trade.
