Tag: producer
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Stocks are riding a wave of optimism as U.S. inflation recedes, but there are dangers lurking
[ad_1] As U.S. inflation continues to cool, stocks are riding a wave of optimism. During the past week, the S&P 500 SPX, -0.10% climbed above 4,500 for the first time in more than 15 months, after both the consumer price index and producer price index data showed cooler-than-expected inflation in June. Some bulls expect an…
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Treasuries yields steady as traders eye producer price report
[ad_1] Bond yields fell were barely changed on Thursday ahead of producer prices data. What’s happening What’s driving markets Investors will be keeping an eye on the U.S. producer prices data, due at 8:30 a.m., for confirmation of easing inflationary pressures in the economy. After data released on Wednesday showed headline consumer… [ad_2] Source link
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Inflation data’s outsize impact on stocks is fading after becoming a marquee event for markets in 2022
[ad_1] U.S. inflation reports are no longer eliciting the outsize swings in U.S. stocks that investors witnessed during 2022. One longtime stock-market strategist and trader offered an explanation in an interview with MarketWatch. After more than a decade of near-irrelevance, monthly reports on consumer-price inflation emerged as marquee events for markets last year, surpassing even…