Audio file not found.
Stock market today: Wall Street rallies to records after inflation slows
![Peter Morgan Banners for Pinterest, displayed to mark the fifth anniversary of the company's listing, hang on the front of the New York Stock Exchange in New York on Wednesday, May 15, 2024. U.S. stocks are rising toward records with hope that inflation is heading back in the right direction. (AP Photo/Peter Morgan)](https://mapi.associatedpress.com/v2/items/c495ff9605504166bbbe6b9a89e7bb23/preview/preview.jpg?s=680x)
Banners for Pinterest, displayed to mark the fifth anniversary of the company's listing, hang on the front of the New York Stock Exchange in New York on Wednesday, May 15, 2024. U.S. stocks are rising toward records with hope that inflation is heading back in the right direction. (AP Photo/Peter Morgan)
![Peter Morgan A person passes an entrance to the Wall Street subway station in New York on Wednesday, May 15, 2024. Trading on Wall Street is muted early ahead of the U.S. government's latest reports on inflation and retail sales. (AP Photo/Peter Morgan)](https://mapi.associatedpress.com/v2/items/bb914a799ae94245bcfa1f33309a5c59/preview/preview.jpg?s=680x)
A person passes an entrance to the Wall Street subway station in New York on Wednesday, May 15, 2024. Trading on Wall Street is muted early ahead of the U.S. government's latest reports on inflation and retail sales. (AP Photo/Peter Morgan)
![Ahn Young-Joon A currency trader passes by the screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, May 16, 2024. (AP Photo/Ahn Young-joon)](https://mapi.associatedpress.com/v2/items/e990ceb88efc4909a5140352e0733723/preview/preview.jpg?s=680x)
A currency trader passes by the screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, May 16, 2024. (AP Photo/Ahn Young-joon)
![Ahn Young-Joon Currency traders work near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, May 16, 2024. (AP Photo/Ahn Young-joon)](https://mapi.associatedpress.com/v2/items/0a95689a679f43a7aedf8ee7e0e083da/preview/preview.jpg?s=680x)
Currency traders work near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, May 16, 2024. (AP Photo/Ahn Young-joon)
![Ahn Young-Joon A currency trader passes by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, May 16, 2024. (AP Photo/Ahn Young-joon)](https://mapi.associatedpress.com/v2/items/98ceb4b476b843c59d65fdc63e6a9f73/preview/preview.jpg?s=680x)
A currency trader passes by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, May 16, 2024. (AP Photo/Ahn Young-joon)