stock, inflation
Digest more
US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring optimism around a large September rate cut. July's Producer Price Index (PPI) came in well above expectations,
Live Updates Live Coverage Has Ended Thursday Wrap-up 4:20 pm The Vanguard S&P 500 ETF closed Thursday almost flat at 592.77, down just 0.01%. Ask Sherwin-Williams... Why Its Stock is Going Down 1:32 pm BofA Securities analyst Steve Byrne removed his sell rating and upgraded S&P 500 component company Sherwin-Williams (NYSE: SHW) to neutral this
19hon MSN
Most US stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady
NEW YORK (AP) — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon and some other influential Big Tech companies helped mask the losses.
1d
Investor's Business Daily on MSNStock Market Rallies Amid Shifts Despite Hot Inflation; Amazon, CoreWeave In Focus: Weekly Review
The stock market had a strong week despite hot inflation, but with shifts underneath. Amazon jumped on a grocery delivery push.
Markets are facing a crucial reading on U.S. inflation in the coming week, soon after regaining their footing following volatility triggered by a weak jobs report at the start of August.
The S&P 500 dipped 0.3% after flirting with its all-time high, which was set two weeks ago, earlier in the day. The Dow Jones Industrial Average dropped 200 points, or 0.5%, while the Nasdaq composite shaved 0.3% off its own record.