financetom
Market
financetom
/
Market
/
Gold Gains Over 1%; US Inflation Rate Falls To 2.4%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Gold Gains Over 1%; US Inflation Rate Falls To 2.4%
Mar 11, 2026 4:09 AM

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 250 points on Friday.

The Dow traded up 0.50% to 49,701.48 while the NASDAQ rose 0.41% to 22,690.60. The S&P 500 also rose, gaining, 0.61% to 6,874.47.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Utilities shares gained by 2% on Friday.

In trading on Friday, financial stocks fell by 0.3%.

Top Headline

Price pressures in the U.S. eased at the start of 2026, with the annual rate of consumer-price inflation slowing from 2.7% in December to 2.4% in January.

The reading was below economist expectations of 2.5% and marked the lowest inflation print since May 2025.

On a monthly basis, headline CPI rose 0.2%, slightly below both the prior reading and consensus estimates of 0.3%.

Equities Trading UP

           

Moolec Science SA ( MLEC ) shares shot up 70% to $8.67 after the company announced results from the crushing process of its U.S. GLASO1 safflower platform.

Shares of Corsair Gaming, Inc. ( CRSR ) got a boost, surging 66% to $7.60 after the company reported better-than-expected quarterly financial results.

Tri Pointe Homes Inc ( TPH ) shares were also up, gaining 27% to $46.36 after the company announced it will be acquired by Sumitomo Forestry.

Equities Trading DOWN

Dauch Corp ( DCH ) shares dropped 23% to $6.51 following fourth-quarter results.

Shares of Pinterest Inc ( PINS ) were down 21% to $14.67 after the company reported worse-than-expected fourth-quarter financial results and issued first-quarter sales guidance below estimates

Alliance Entertainment Holding Corp ( AENT ) was down, falling 20% to $5.14 fter the company reported worse-than-expected quarterly financial results.

Commodities

In commodity news, oil traded down 0.2% to $62.73 while gold traded up 1.5% at $5,023.90.

Silver traded up 2.5% to $77.605 on Friday, while copper fell 0.5% to $5.7590.

Euro zone

European shares were mostly lower today. The eurozone's STOXX 600 fell 0.24%, while Spain's IBEX 35 Index fell 1.29%. London's FTSE 100 gained 0.22%, Germany's DAX fell 0.43% and France's CAC 40 dipped 0.38% during the session.

Asia Pacific Markets

Asian markets closed lower on Friday, with Japan's Nikkei falling 1.21%, Hong Kong's Hang Seng Index falling 1.72%, China's Shanghai Composite dipping 1.26% and India's BSE Sensex declining 1.25%.

Economics

The annual inflation rate eased to 2.4% in January, recording its lowest level since May, compared to 2.7% in the previous month and down from market estimates of 2.5%.

Photo via Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FOCUS-US roasters tear through coffee stocks waiting for Brazil trade deal
FOCUS-US roasters tear through coffee stocks waiting for Brazil trade deal
Oct 30, 2025
(Updates with Starbucks' ( SBUX ) comments on coffee prices) * US roasters face higher costs due to 50% tariff on Brazilian coffee * Roasters cancel orders, explore alternatives amid rising coffee prices * Trade talks underway after Trump-Lula meeting at ASEAN Summit * US consumers face price spike of more than 40% By Marcelo Teixeira and May Angel NEW...
US STOCKS-S&P 500, Nasdaq fall as Meta's spending plans spook investors
US STOCKS-S&P 500, Nasdaq fall as Meta's spending plans spook investors
Oct 30, 2025
* Indexes: Dow up 0.56%, S&P 500 down 0.38%, Nasdaq down 0.92% * Alphabet jumps on quarterly earnings beat * Meta drops after flagging bigger capex * Microsoft ( MSFT ) reveals massive AI spending, shares down (Updates on market open) By Pranav Kashyap and Nikhil Sharma Oct 30 (Reuters) - The S&P 500 and the Nasdaq lost ground on...
Trump Orders Department of War to Begin Nuclear Weapons Testing
Trump Orders Department of War to Begin Nuclear Weapons Testing
Oct 30, 2025
06:17 AM EDT, 10/30/2025 (MT Newswires) -- US President Donald Trump said late Wednesday that he has instructed the Department of War to start testing nuclear weapons on an equal basis. Trump said, before a meeting with Chinese President Xi Jinping in South Korea, he took that decision because of other countries' testing programs for nuclear weapons. The United States...
HF Sinclair beats third-quarter profit estimates on higher refining margins
HF Sinclair beats third-quarter profit estimates on higher refining margins
Oct 30, 2025
(Reuters) -Refiner HF Sinclair beat Wall Street estimates for third-quarter adjusted profit on Thursday, helped by improvement in refining margins and strength in its midstream segment, sending shares up 1% in premarket trading. Fuelmakers in the U.S. have benefited from a rebound in refining margins from multiyear lows in 2024, as supply shortages related to geopolitical tensions in Ukraine supported...
Copyright 2023-2026 - www.financetom.com All Rights Reserved