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Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
The monthly rise was the biggest since June 2022, and the annual increase the highest since February this year. Core PPI, which strips out volatile data points, rose by 3.7 percent over the year, its ...
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...
Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12 month increase since February. On a ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
Ethereum Price Forecast: Surge in validator exits and strong PPI inflation reading sparks correction
The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are in their overbought regions but tilted downward. The ...
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite.
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