The latest monthly consumer price index showed that the average price of a dozen Grade A eggs in U.S. cities reached $4.95 in January, eclipsing the previous record of $4.82 set two years earlier and more than double the low of $2.04 that was recorded in August 2023.

Wall Street edged back from its all-time high on Friday, as U.S. stock indexes drifted following mixed profit reports from big companies. The S&P 500 barely budged and slipped by less than 0.1%, a day after rallying within 0.

U.S. stocks rallied to the brink of a record after more companies reported fatter profits than expected. The S&P 500 rose 1% Thursday. It got within less than 0.1% of its all-time high as Wall Street yawned at the latest announcement on tariffs by President Donald Trump,