The stock market finished sharply off its intraday highs, after the major stock indexes jumped on a cool CPI inflation reading,
The post Stock Market Slashes Gains After Cool CPI Data; More Key Inflation Data Next appeared first on Investor’s Business Daily.
But gasoline plunged and durable goods dropped. Food rose further from already painfully high levels. By Wolf Richter for WOLF STREET. Inflation in services accelerated in November for the second month in a row, to an annualized rate […]
China deflation, Italian authorities watering down bank-tax threats, and fears about the AI Boom’s reality (SMCI’s comments dragged down NVDA) were the headline narrative-shapers of the day… but all anyone cares about is the giant […]
After another extremely volatile week which ended on a payrolls high, or rather low for stocks, we get a quieter week for data with what Jim Reid calls “one ginormous exception” – yes all roads […]
Copyright © 2023 | Sandstone Group