U.S. stocks rise to a record as oil prices drop and inflation gets less bad

The U.S. stock market is ticking toward a record on Thursday following the latest sign that inflation is getting less bad.

The U.S. stock market rose to a record following the latest sign that inflation is getting less bad

Stocks rise as traders reduce rate hike bets, oil prices drop  Reuters

US stocks tick toward records as oil prices drop and inflation gets less bad  AP News

Stocks rose and bond yields fell sharply Thursday morning after a fresh read on business inflation showed prices were broadly flat in July.

TOKYO, Aug 13 : Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war.MSCI's broadest index of Asia-Pacific shares

Euro Unlikely to Rise Too Much if U.S. Inflation Data Undershoot Forecasts  WSJ

SINGAPORE -- Since the U.S.-Iran war broke out in February, Jiratit Thinakorn, co-founder of Thai pleasure boating services company Flow Yacht Club, has observed three superyachts change their docking base from Dubai to Thailand's resort island of Phuket.