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 ...
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Inflation appears sticky: See what SA analysts have to say about the latest CPI reportWall 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 ...
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Stocks search for firm footing after cooler producer inflation datawith 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 ...
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