Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since november 2021. Another new high for the s p 500. Both indexers enjoyed their best february high for the s p 500. Both indexers enjoyed their best february since 2015. The Dowjones Industrial Average for its part was up as well. That makes february the fourth straight month in the green for wall street and the Leap Day Boost was helped by some new Inflation Data. Well, the market today is reacting to a favourable continuation of inflation coming down in a trend towards the Federal Reserve s target.
this deal fails completely. this is a career defining vote for every republican. this group will oppose it. we will continue to fight it today, tomorrow and no matter what happens, there s going to be a reckoning. while you were celebrating memorial day, all of our men and women that gave their lives for this great nation and you spent time with your family and friends, this town was cutting another crap deal that will put you more in debt with no real changes whatsoever. that was byron donalds. he s here in moment. first to chad pergram that just spoke with speaker mccarthy. chad? good afternoon. kevin mccarthy believes he will have the votes. but some republicans are skeptical. he is struggling to sell this plan to some members of the gop. the idea that we fought so hard to get those work requirements and welfare reform, or the idea that you can make the president, if he wants to add a new regulation, that now he has to offset that, we haven t had that before. s