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Investing.com - Elevated U.S. tariffs could spark inflation that will slow spending more for lower income cohorts than those ...
Wall Street turns cautious as Dow Futures fall, Tesla slides, and investors eye tech earnings, ECB signals, and tariffs.
The Labor Department’s consumer price index for June showed overall inflation rose 2.7 percent from June 2024. That’s up from a 2.4 percent pace in May.
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from ...
Wholesale inflation in June, as measured by the producer-price index, surprised to the downside “as lower hotel rates and airfares offset tariff effects,” according to Comerica Bank’s chief economist, ...
The benchmark S&P 500 moved up by 0.1% and the blue-chip Dow advanced higher by 0.2%. At the same time, the tech-focused Nasdaq Composite ( COMP:IND ) finished on top by 0.2% .
If inflation does turn out to be persistent - and especially if longer-term inflation expectations start to rise meaningfully above the Fed's 2% target - a more aggressive response would be needed ...
Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.
Wall Street is muted on Monday as markets digested President Donald Trump's decision to impose a 30% tariff on imports from the European Union and Mexico, while investors also prepare for a packed ...
Inflation Rose to 2.4% in May, in Line With Expectations . Consumer prices were up 2.4% in May from a year earlier, the Labor Department said Wednesday, hotter than April gain of 2.3%.
U.S. stocks ended lower on Friday, reversing gains from the previous session, as trade tensions intensified following U.S.
The Dow Jones Industrial Average dropped 44.14 points, or 0.1%, to settle at 42,171.66. The S&P 500 ticked 0.03% lower to end at 5,980.87, while the Nasdaq Composite rose 0.13%, closing at 19,546. ...