[unable to retrieve full-text content]Stock market today: US stocks tumble after Meta’s reality check, soft GDP print Yahoo Finance Source link
Read More »Stock market today: US futures tumble after Meta's reality check, soft GDP print – Yahoo Finance
[unable to retrieve full-text content]Stock market today: US futures tumble after Meta’s reality check, soft GDP print Yahoo Finance Source link
Read More »All eyes on inflation print as Q1 earnings season kicks off: What to know this week – Yahoo Finance
[unable to retrieve full-text content]All eyes on inflation print as Q1 earnings season kicks off: What to know this week Yahoo Finance Source link
Read More »Stock market today: S&P 500, Nasdaq dip ahead of key inflation print – Yahoo Finance
[unable to retrieve full-text content]Stock market today: S&P 500, Nasdaq dip ahead of key inflation print Yahoo Finance Source link
Read More »Stocks recover losses after hot inflation print
US stocks recovered from earlier losses on Thursday to end the session mostly flat after a fresh reading on December inflation came in slightly hotter than economists had expected, raising new questions about the Federal Reserve’s path on interest rates. The S&P 500 (^GSPC) which had been down as much as 0.8% during the session, closed just under the flatline. The Dow Jones Industrial Average (^DJI) and the Nasdaq Composite (^IXIC) hovered slightly above breakeven. Interest rate sensitive… Source link
Read More »Stock futures stumble after in-line inflation print
U.S. stock futures were mixed ahead of the open Friday. Futures tied to the S&P 500 (^GSPC) added 0.1%, while futures on the Dow Jones Industrial Average (^DJI) were lower by 0.1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) rose by roughly 0.5%. The yield on the benchmark 10-year U.S. Treasury note rose to 3.437% from 3.397% Thursday. The dollar index added 0.1%, trading at $101.94 Friday morning. Stocks extended a string of losses Thursday as investors dissected economic data… Source link
Read More »Stock futures stumble after in-line inflation print
U.S. stock futures wavered ahead of the open Thursday after inflation data for December showed prices increased at a slower annual rate, in a report that was in line with expectations from economists. Futures tied to the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) hovered around the flatline. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were down about 0.2%. U.S. Treasury yields ticked down. The yield on the benchmark 10-year U.S. Treasury note fell to 3.54% from… Source link
Read More »Stocks stage blowout rally after milder CPI print
U.S. stocks posted outsized gains Thursday, logging their biggest one-day climb in two years, as Wall Street cheered lighter-than-expected inflation data and monitored midterm election tallies. The Consumer Price Index (CPI) for October reflected a 7.7% increase over last year and 0.4% increase over the prior month, better than Wall Street expected. Economists surveyed by Bloomberg called for a 7.9% annual rise and 0.5% monthly gain. Moderations in the data again fueled bets that the Federal… Source link
Read More »Hot CPI Print shows ‘the data not cooperating’
San Francisco Fed President Mary Daly told Yahoo Finance that she expects the Fed to stay the course when it comes to expectations for interest rate hikes after the latest core inflation reading — i.e., consumer prices excluding volatile food and energy prices— came in at a 40-year high. “It does show the data not cooperating,” Daly said on Yahoo Finance Live when asked about the consumer price index report for September. “It was a very disappointing report, but I would offer it… Source link
Read More »Some investors think the Fed should disregard that hot inflation print: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, October 14, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with Yahoo Finance App. Inflation came in red-hot again on Thursday, meaning the Federal Reserve will almost certainly raise interest rates by at least 75 basis… Source link
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