Stocks Rally as Cooler Inflation and Strong Q2 Earnings Boost Wall Street


Wall Street climbed after softer inflation readings and a strong start to Q2 earnings, prompting investor buying across major indexes.

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Reuters captured a simple market mood shift: softer Consumer Price Index (CPI) data and a sturdy start to second-quarter earnings nudged Wall Street higher. That kind of macro plus earnings combo tends to help market-structure businesses, which is why the clip matters for Nasdaq, Inc., the operator of the Nasdaq exchange and a fee-driven franchise. If calmer inflation and healthy corporate profits push trading volumes and listings, they can translate into steadier revenue and the profit expansion Nasdaq has been showing.