Dow, stocks and inflation
Digest more
US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week that showed higher-than-expected wholesale inflation and a rise in July retail sales. A meeting between President Trump and Russian President Vladimir Putin was also in focus as traders looked for clues on how the outcome could steer markets.
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than economists expected.
Factory-gate prices rose by a much stronger-than-expected 0.9% in July
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, well above expectations. It was real disappointing news for investors, showing tariff inflation has begun to "infiltrate the system,
15hon MSN
Most US stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady
NEW YORK (AP) — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon and some other influential Big Tech companies helped mask the losses.
For investors, the July CPI print was just right, as it raised the odds of a rate cut at the next Fed meeting while showing that inflation isn't spiraling.
Stock futures flat as S&P 500 and Nasdaq set records. Investors eye inflation data and Fed policy shift. Here's what we're watching.
A fresh look at inflation trends will test the U.S. stock market's rally in the coming week, with some investors saying equities are primed for a potential pullback after rocketing to records.
Markets are facing a crucial reading on U.S. inflation in the coming week, soon after regaining their footing following volatility triggered by a weak jobs report at the start of August.
The stock market’s rally stalled on Thursday after new data showed factory-gate inflation picking up, introducing fresh question marks over the outlook for interest rates. Major indexes finished mixed and near the flatline after investors bought the shares of big technology and financial companies and sold smaller stocks that had surged earlier in the week.