Inflation expectations are rising, with January's CPI report expected to confirm these worries. Read more to see my thoughts.
The S&P 500 and the Nasdaq Composite were popping 1.8% and 2.3%, respectively, on Wednesday morning, with both indexes on track for their best performance on the day of a CPI report since Nov. 14 ...
Elsewhere, Bitcoin rose to nearly $99,000, and silver & gold also caught morning bids as the S&P VIX Index ... days. It was a risk-on environment following an encouraging December CPI report.
The mixed performance comes after the indexes posted sharp gains on Wednesday, with the Dow up over 700 points to mark the best trading day since a euphoric post-election rally in November.
The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.
The weaker performance was in sync with the downbeat regional market performance, weighed down by cautious sentiment ahead of the release of the US consumer price index (CPI) data later today.
This coming week we get two pieces of inflation data with the Producer Price Index (PPI ... for NDX price changes on PPI and CPI days, ATM straddle performance is strikingly similar.
The Consumer Price Index rose 2.9 percent from a year earlier ... The S&P 500 rose 1.8 percent, its best one-day performance since the election in November. The 10-year Treasury yield, which ...
US economic indicators fueled optimism ahead of Wednesday’s highly anticipated US CPI Report ... the DAX remains comfortably above the 50-day and 200-day Exponential Moving Averages (EMAs ...
While it feels a bit uncomfortable – let’s put it in perspective – 4 of the 6 indexes while down – remain ... Tomorrow brings us the latest CPI report and while they are trying to tell ...
Silver’s performance also reflects broader market ... Market participants are closely watching the upcoming U.S. Consumer Price Index (CPI) report for clarity on the Federal Reserve’s policy ...
The report lays the groundwork for Wednesday's heavily anticipated CPI print ... overall stock market performance. Shares of KB Home (KBH) rose 4% on Tuesday, a day after the homebuilder posted ...
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