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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.
Investor's Business Daily on MSN16m
Dow Jones Futures Mixed On Warren Buffett Buys, These Chip Losers; Amazon Offsets Hot Inflation
Amazon helped offset hot inflation, but breadth was weak. Applied Materials dived late on guidance. UNH rallied on Warren Buffett.
The Dow Jones Industrial Average (DJIA) declined on Thursday, ending a two-day bullish run and shedding around 200 points. Equities took a hit after United States (US) Producer Price Index (PPI) ...
The stock market has been extremely quiet on Wednesday afternoon, but there's a key level to watch for the Dow Jones ...
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 ...
Economists expect the US headline inflation to have grown at a faster pace of 2.8% on year, against a 2.7% increase in June.
Investors tend to watch the consumer-price index for insight into how prices are affected by inflation. And when investors ...
Investor's Business Daily on MSN16h
Dow Jones Futures: Is Stock Market Rotating? This Cathie Wood, Nancy Pelosi Pick Is A Buy
Dow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. Cisco SystemsCSCO headlined earnings after the close.The stock market rally saw another advance ...
The deal talks follow President Trump's public call for the replacement of CEO Lip-Bu Tan over his ties to Chinese businesses. Lyft's co-founders Logan Green and John Zimmer are stepping down from ...
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