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Inflation Data Boots Wall Street
Stock market today: Wall Street ticks up modestly ahead of more inflation data; Disney soars
Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another inflation update from the U.S. government. Futures for the S&P 500 were up just 0.
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
Inflation rose to 2.4% in Oct. in producer price index
PPI Inflation Rose in October
Getting
inflation
back down to 2% is proving to be a grind ... according to the Labor Department. Economists polled by The
Wall
Street
Journal had expected a 0.2% monthly increase. Excluding food, energy and trade services, the core producer-price index ...
Inflation Proves a Little Stickier in October
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.
Inflation rose to 2.4% in October in producer price index
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed inflation ticking up last month.
4h
Wall Street Lunch: House Of Mouse Gets Some Momentum
Walt Disney (DIS) is rallying as investors applaud the guidance that accompanied fiscal Q4 results that bet on the top and ...
7h
VIX edges up from low level as investors weigh jobless claims, PPI inflation data
Wall Street’s so-called fear gauge was edging up Thursday from a low level, as investors digested reports on jobless claims and wholesale inflation. The Cboe Volatility Index was up a slight 0.2% at ...
1d
Wall Street climbs, FTSE muted as US inflation rises to 2.6% in October
Deutsche Bank believes the consumer price index will tick down from last month to 0.26%, which would keep the year-on-year ...
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