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Stocks are seeing support today from the favorable PPI report and positive earnings results from several top Wall Street banks. The Nasdaq 100 index is being held back by weakness in chip stocks ...
Headline PPI came at 0.0% vs. 0.2% consensus. Core PPI came at 0.0% vs. 0.2% consensus. Buying is coming into the stock market on cooler PPI data. Yesterday, the 30-year bond yield was hitting 5%.
U.S. stocks on Thursday overcame a lower open and were seesawing on both sides of the flat line, as traders weighed a benign producer inflation report against geopolitical risks and trade tensions ...
U.S. stock indexes were looking to open higher after a June reading of the producer-price index came in softer than expected. Dow futures were up about 165 points, or 0.4%, after the PPI release ...
It worked until it didn’t. After global stocks’ 2022 decline, yield curves inverted globally. Recession fears surged. Investors gnashed. Yet lending grew. US, eurozone and global GDP expanded.
Stocks rose 0.7% in Jakarta after Trump said Tuesday that he plans to charge imports from Indonesia a tariff of 19%, instead of the 32% that he had threatened earlier, after reaching a trade deal.
The stock quickly went from an early gain of 19% to a drop of 31% before finishing with a loss of 23.9%, with several halts in trading along the way. All told, the S&P 500 rose 19.94 points to ...