SP500 is losing ground as traders focus on Michigan Consumer Sentiment report, which showed that year-ahead inflation expectations increased from 3.3% to 4.3%. This is a significant increase in ...
Major equity averages fell Wednesday, and yields jumped, after the monthly U.S. consumer inflation report came in hotter than anticipated. The S&P 500 (SP500) was -0.7%, the Nasdaq Composite (COMP:IND ...
SP500 gained strong upside momentum as traders reacted to inflation data. Inflation Rate increased from 2.7% in November to 2.9% in December, in line with analyst expectations. Core Inflation Rate ...
CPI data shows rising inflation at 0.5% MoM, 3.0% YoY. Market reacted with Treasury yields up, equity futures down. Click for ...