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US Inflation Rises to 2.3%, Stocks Gain Amid Downgrade

5/15/2025

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Summary

Story summary

The recent US inflation report indicates an annual CPI of 2.3%, just under the 2.4% forecast.
Stock indices experienced gains, yet UBS has downgraded US equities to a “neutral” rating.
Goldman Sachs anticipates the S&P 500 may stall around 5900, facing key resistance between 5800 and 6120.
A short-term correction in the S&P 500 is expected before the end of the month.

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Story summary

The recent US inflation report indicates an annual CPI of 2.3%, just under the 2.4% forecast.
Stock indices experienced gains, yet UBS has downgraded US equities to a “neutral” rating.
Goldman Sachs anticipates the S&P 500 may stall around 5900, facing key resistance between 5800 and 6120.
A short-term correction in the S&P 500 is expected before the end of the month.