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Stock market today: Dow, S&P 500, Nasdaq waver after PPI inflation comes in much hotter than expected
US stocks 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,
Stocks were higher late Thursday, back on record ground, despite a hotter-than-expected reading on July PPI.
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid ...
Investor's Business Daily on MSN10m
Dow Jones Futures: Amazon Offsets Hot Inflation; Applied Materials Dives Late
Dow Jones futures rose slightly after hours, while S&P 500 futures were little changed and Nasdaq futures edged lower.
The Dow Jones Industrial Average (DJIA) declined on Thursday, ending a two-day bullish run and shedding around 200 points. Equities took a hit after United States (US) Producer Price Index (PPI) ...
The report issued Thursday, known as the producer-price index, is volatile, and many analysts look to it more as a gut check ...
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, ...
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