Stock Market Today: Stocks Rise Ahead of Next Inflation Update

The major indexes notched modest gains for a second straight day.

blue stock market chart with teal bars and red moving averages
(Image credit: Getty Images)

Stocks started the day in positive territory Thursday as banking industry concerns eased and expectations grew that the Fed could pause rate hikes at its May meeting. And while optimism waned throughout the day, the three major benchmarks still closed higher for a second straight day. 

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.