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Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing ...
So far, the impact of President Donald Trump's campaign of steep tariffs against U.S. trading partners has been difficult to spot in hard economic data, but that may be about to change.
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June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching ...
Wall Street Celebrates Strong Inflation Report: Dow, S&P 500 Surge To 2-Month ... as investors continue to bet on hopes that the worst effects of inflation-related monetary policy tightening ...
Over the last 12 months, average hourly earnings rose to 4.1%, outpacing overall inflation near 3% and economists' average forecast for 3.7%, according to Dow Jones.
U.S. stocks were rising on Wednesday morning after economic data showed wholesale inflation, as measured by the producer-price index, remained unchanged in June, pointing to a muted effect of tariffs.
The Producer Price Index showed wholesale inflation was flat in June as companies and industries found different ways to deal ...
1y inflation expectations down to 2.87% in October per ⁦@NewYorkFed⁩ ... Futures tied to the Dow Jones Industrial Average added 0.2%. S&P 500 futures also inched up 0.2%.
The Dow finished Wednesday up 4.1% since Election Day on Nov. 5, while the S&P 500 has climbed 3.5% since then and the Nasdaq has rallied 4.3%, according to Dow Jones Market Data.
Wholesale inflation in June, as measured by the producer-price index, surprised to the downside “as lower hotel rates and airfares offset tariff effects,” according to Comerica Bank’s chief economist, ...