News about Stock market

In month/month terms, April PPI #inflation +0.5% vs. +0.3% est. & -0.1% prior (rev down from +0.2%); core +0.5% vs. +0.2% est. & -0.1% prior (rev down from +0.2%) pic.twitter.com/d1SaT8st9T

📈 S&P 500 barely budges as investors hold steady ahead of inflation data. 📊 #WallStreet #DOWJONES #NASDAQ #GlobalMarket www.zeebiz.com/markets/global-markets/news-us-stock-market-sp-500-barely-changes-as-investors-hold-tight-ahead-of-inflation-data-289717

In the first of this week’s two highly anticipated US inflation data releases, the monthly increases in both headline and core PPI were above the consensus forecasts: 0.5% vs 0.3% and 0.5% vs 0.2% for April, respectively. These unfavorable inflation beats are offset by a notable… pic.twitter.com/Z6zQ46Jw4H

US core #inflation cools for 1st time in 6 mths in relief for Fed and financial markets. April core CPI, which excl food and energy costs, increased 0.3% from March MoM after +0.4% MoM prev month. From a year ago, it advanced 3.6% in Apr after +3.8% YoY in March. Overall… pic.twitter.com/0MzgiswrxF