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June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.
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Cryptopolitan on MSNDow fell 313 points after new inflation data and mixed bank earnings confused Wall StreetWall Street had no idea how to process what hit it on Tuesday. Inflation came in hot, tariffs are back on the table, and big-name banks couldn’t deliver a clear signal. The result? Markets got pulled in different directions,
US stocks hold steady as traders downplay tariff threats and await key earnings and CPI data, with tech and energy sectors showing early weakness.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
US stocks end mixed after June inflation data and mixed earnings pressured the Dow and S&P 500. Nvidia powers Nasdaq to record high.
The risk is that a hotter-than-expected June inflation report — one that Fed Chair Jerome Powell recently called among the most important for assessing the impact of tariffs — could slow the pace at which the central bank lowers interest rates. Importantly, that could also throw a wrench into the stock market’s record-setting rally.
Wall Street trades mixed on Tuesday, with the S&P 500 briefly surpassing the 6,300 mark as investors weighed fresh inflation data and bank earnings. Learn more here.
(Reuters) - The S&P 500 and the Dow were on track for a modestly higher start on Wednesday as investors sifted through new inflation data and digested a fresh round of heavyweight earnings reports. U.S. producer prices held steady in June, defying expectations as higher costs for tariff-hit goods were offset by a slump in services.
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
The stock market pulled back from record levels during a sleepy Friday session, as a gauntlet of key earnings and inflation reports loomed. The Dow Jones Industrial Average dropped 279 points, or 0.6%.
Dow Futures flat amid latest Trump vs Powell fiasco: 5 things to know before Wall Street opens today
Dow Futures digest earnings, inflation data, and Fed tensions as tech stocks and economic signals take center stage.