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Wall Street today: Dow Jones, S&P 500, Nasdaq retreat after hotter-than-expected wholesale inflation data
US stock indices retreated on Thursday after a hotter-than-expected wholesale inflation data dampened investor hopes of interest rate cuts by the Federal Reserve this year. A Labor Department report showed the Producer Price Index (PPI) rose 0.9% in July on a month-on-month basis, much greater than Wall Street estimates.
Stocks were extending their gains after the opening bell on Wednesday — but this time it was the Dow Jones Industrial Average, not megacap technology names, setting the pace. The Dow was soaring over ...
Market updates show muted stock index futures as investors await inflation data. Speculation on Fed rate cuts boosts equities.
The consumer price index for July will come out on Tuesday, and Wall Street expects a 0.2% monthly overall increase and a 0.3 ...
Dow futures flat on Thursday as traders await US inflation and jobless claims; Fed rate cut hopes, earnings in focus.
Stocktwits on MSN10h
Dow Futures Edge Lower As Wall Street Watches Out For PPI Report: BLSH, COHR, CSCO Among Stocks To Watch
U.S. stocks appear set for a cautious opening on Thursday as investors await the release of wholesale inflation data, after ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Dow futures rise as Fed rate cut odds hit 98% after soft inflation, S&P 500 hits record, and tech leads market momentum.
Barchart on MSN2d
Dow Stock Outlook: Is Wall Street Bullish or Bearish?
Over the past year, Dow has notably lagged behind the broader market, prompting Wall Street analysts to take a cautious view ...
On Wall Street, stocks of companies that could benefit most from lower interest rates helped lead the way. PulteGroup climbed ...
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