Inflation came in slightly hotter than Wall Street expected; PPI was slightly cooler. We expect the Fed to lower rates at its November and December meetings.
The producer price index for final demand remained flat month-over-month (s.a.), less than the expected 0.1% growth.
The S&P 500 ended at a record high on Friday, representing the index's 45th record closing high this year and its first close above 5,800.
Trump's campaign promises would likely add more to the debt than Harris'. Plus, we dig into the pretty flat September ...
The S&P 500 and the Dow scored record closing highs on Friday, with the big boosts from financial stocks after banks reported ...
September's producer price index shows inflation up slightly and producer prices down slightly. But a "flat" index can still ...
A bout of data showing inflation is not yet vanquished and the effects of Hurricane Milton took their toll on investors, but ...
All three major indexes of the New York Stock Exchange ended strong, with wholesale prices in the U.S. below expectations and banks reporting strong earnings ...
"CPI might have seemed hot, but PPI was not. Overall, these numbers are getting less impactful as inflation moderates." ...
Key Takeaways The S&P 500 added 0.6% on Friday, Oct. 11, reaching an all-time closing high following softer-than-expected ...
The latest producer price index data may help the Federal Reserve move toward more interest rate cuts in the future as more ...
Global stocks rose on Friday, powered by U.S. bank earnings, on track for a weekly gain while U.S. Treasury yields dipped ...