Major equity averages finished mixed on Wednesday, while yields firmly jumped, as Wall Street assessed a hotter-than-anticipated monthly U.S. consumer inflation report. The S&P 500 (SP500) ended -0.3% ...
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 ...
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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