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Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. Equities gain, despite inflation uptick Stocks edged up in midmorning trading Wednesday — the S & P 500 was 0.23% higher — even as the monthly consumer price index showed inflation climbed more than expected last month. The news likely means the Federal Reserve will need to raise interest rates by another 25 basis points. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim Cramer's, Jim Organizations: CNBC, Oracle, Ford, U.S . Department of Labor, Club, JPMorgan, Ford UBS, UBS, United Auto Workers
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