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Ed Yardeni of Yardeni Research described the initial reaction of stock investors to the CPI report as a "hissy fit.""The outlook remains for further YoY [year-over-year] disinflation ahead," said ...
Major averages gained while bond yields tumbled. The 10-year Treasury fell seven basis points to 4.369%. Consumer prices rose 0.3% last month, cooler than the 0.4% expected.
Investors may have gotten a little carried away with the reaction to Wednesday's CPI report, according to one Wall Street economist known for his bearish outlook on the economy and markets. In ...
June inflation slowed, the core rate below forecasts. Stocks and bonds saw modest rallies. Click here for a full breakdown of ...
Economists surveyed by the Wall Street Journal, on average, look for April CPI to show a 0.4% monthly rise, which would see the year-over-year rate slow to 3.4%, from 3.5% in March.
The June CPI report revealed that inflation has dropped to its lowest level in more than 2 years. That's great news for the stock market because it emboldens a soft landing scenario for the economy.
Stock futures have been slipping between small gains and losses since 8:30 a.m., when the latest consumer-price index data came out. The market rally heading into this morning might be playing a ...
Stock Futures Stall as Market Awaits Key CPI Inflation Report. By. ... Still, the volatility of recent weeks suggests there could be a sharp reaction to any surprise in the CPI data.
Market sentiment has turned more negative with the latest stock slide, with 41.6% of investors bearish and 30.1% bullish in the latest American Association of Individual Investors (AAII) weekly ...
Israel's Central Bureau of Statistics said on Sunday it was considering moving up publication of its monthly consumer price ...
Market Extra The stock market was briefly unsettled by CPI report. Here’s why. Fed-funds futures traders still expect a jumbo-size rate cut by year-end, suggesting ‘recession fears are rising ...