Tag Archives: Inflation

US futures muted in countdown to inflation data

US futures muted in countdown to inflation data

US stock futures traded cautiously mixed on Wednesday, with tech stocks reaching for gains as investors waited for fresh inflation data and absorbed a dramatic turn in events in spot bitcoin ETFs. Dow Jones Industrial Average (^DJI) futures were down 0.1%, while benchmark S&P 500 (^GSPC) futures hovered just above the flatline. Nasdaq 100 (^NDX) futures rose about 0.2%, after tech stocks eked out the sole win among the major indexes the previous day. Stock investors are likely treading… Source link

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Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

(Bloomberg) — Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil erased gains. Most Read from Bloomberg Mining shares and travel stocks led a small decline in Europe’s Stoxx 600 index, while US equity futures were little changed. Brent gained halted a climb at $78 a barrel following more attacks on vessels in the Red Sea raised the risk that Middle East supply could be disrupted. Investor focus is on Thursday’s US inflation figures… Source link

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U.S. dairy producers feel pinch from inflation, severe weather

U.S. dairy producers feel pinch from inflation, severe weather

As the U.S. nears a potential recession, dairy producers are finding themselves impacted by both inflation and severe weather. “There’s certainly been a lot of talk about the inflation at the shelf and food prices,” Tillamook County Creamery Association CEO Patrick Criteser told Yahoo Finance Live (video above). “And there should be because that’s an 8-12% — even higher in some categories — increase in costs year-over-year that’s impacting families.” Although inflation in the… Source link

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