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 ...
Wall Street rallied on Tuesday after it received the latest February inflation report. However, Wednesday pointed to rising investor caution, with the major market averages (DJI) (SP500 ...
with the reading arriving ahead of this week's consumer inflation report. The S&P 500 (SP500) turned lower, -0.14%, and the Nasdaq Composite (COMP:IND) -0.2% following a modest incline.
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 ...