Thursday’s U.S. stock market opening saw a slight uptick, with investors carefully analyzing fresh inflation data that indicated a modestly higher-than-expected increase in headline consumer prices for the previous month.
Shortly after the opening bell, the Dow Jones Industrial Average (DJIA) showed a 0.1% gain, while the S&P 500 (SPX) and the Nasdaq Composite (COMP) both posted a 0.1% increase, according to the latest FactSet data.
As reported by the Bureau of Labor Statistics, the consumer price index recorded a 0.4% rise in September, slightly exceeding the 0.3% increase predicted by economists surveyed by the Wall Street Journal. Core CPI, which excludes food and energy prices, matched economists’ expectations with a 0.3% increase for the same month.
Annual headline inflation held steady at 3.7% for the 12 months through September, while the core CPI rate eased to 4.1% for the year through the previous month, down from 4.3% in August.
In the bond market, Treasury yields were on the rise, with the 10-year Treasury note yield increasing by three basis points to 4.60%, and the two-year yields rising by around five basis points to approximately 5.05%, according to the latest FactSet data.
John Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis.
DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets.
He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC).
Official website: https://daytradetowin.com