01Tagged “inflation”
5 posts on this topic.
Bonds rallied through a 6.3% PPI; the Dow rose 1.1% as software and healthcare took money from chips. Import prices 8:30, industrial production 9:15 a.m. ET.
Hot September CPI sent the Nasdaq down 1.88%, Oracle fell 8.83% on AI debt worries and Korea's Kospi halted trading. Retail sales and PPI at 8:30 a.m. ET.
J&J, Citigroup, Goldman and UnitedHealth beat and fell. Applied Materials lost 6.69% after skipping a spending forecast. September CPI lands at 8:30 a.m. ET.
Consumer confidence hit its lowest since 2014 and the Fed's Williams cooled October hike bets. August PCE lands at 8:30 a.m. ET, Micron after the close.
Stocks fell a fourth day as the 10-year yield hit 4.94% and chipmakers sank. Oracle rose after hours. August CPI lands at 8:30 a.m. ET.