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Inflation Data Boots Wall Street
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Stock market today: Wall Street ticks up modestly ahead of more inflation data; Disney soars
Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another inflation update from the U.S. government. Futures for the S&P 500 were up just 0.
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Inflation rose to 2.4% in Oct. in producer price index
PPI Inflation Rose in October
Getting
inflation
back down to 2% is proving to be a grind ... according to the Labor Department. Economists polled by The
Wall
Street
Journal had expected a 0.2% monthly increase. Excluding food, energy and trade services, the core producer-price index ...
Inflation Proves a Little Stickier in October
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.
Inflation rose to 2.4% in October in producer price index
Inflation, as measured by the producer price index, rose six tenths of a percentage point to 2.4% for the year ending in October, the Bureau of Labor Statistics reported Thursday, a troubling sign that inflation pressures remain strong.
Los Angeles Times
1d
Wall Street drifts to a mixed finish after an inflation update
“We see
inflation
modestly higher next year. We don’t think today’s CPI data will do much to the market.” On
Wall
...
CNN on MSN
1d
The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
Nobel Prize-winning economists have cautioned that the Trump agenda will “reignite”
inflation
. More than two-thirds (68%) ...
8h
Wall Street Lunch: House Of Mouse Gets Some Momentum
Walt Disney (DIS) is rallying as investors applaud the guidance that accompanied fiscal Q4 results that bet on the top and ...
11h
VIX edges up from low level as investors weigh jobless claims, PPI inflation data
Wall Street’s so-called fear gauge was edging up Thursday from a low level, as investors digested reports on jobless claims and wholesale inflation. The Cboe Volatility Index was up a slight 0.2% at ...
1d
Wall Street climbs, FTSE muted as US inflation rises to 2.6% in October
Deutsche Bank believes the consumer price index will tick down from last month to 0.26%, which would keep the year-on-year ...
1d
Stock Market News: Dow Rises After CPI Inflation Report
The Dow and S&P 500 rose while the Nasdaq fell Wednesday as the stock market digested the CPI inflation report.
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