https://www.live-feeds.com/feed/s-p-500-nasdaq-advance-as-soft-inflation-tempers-fed-rate-hike-betsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/s-p-500-nasdaq-advance-as-soft-inflation-tempers-fed-rate-hike-betshttps://www.live-feeds.com/feed/s-p-500-nasdaq-advance-as-soft-inflation-tempers-fed-rate-hike-bets#u95161Fri, 02 Oct 2026 14:50:28 +0000Wall Street indexes advanced after a softer-than-anticipated inflation reading cooled market expectations for Federal Reserve monetary tightening. The Nasdaq climbed more than 1 percent, leading major benchmarks higher as Treasury yields slipped and gave investors a reprieve. Meanwhile, economic data showed core inflation reached 3.0 percent in August, which was lighter than analysts expected, alongside a monthly increase in core personal consumption expenditures of 0.2 percent. US consumer spending also posted its largest rise in a year.Why it mattersThe cooler inflation reading eased immedia