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Dow Jones Industrial Average stumbles after PPI inflation soars
The Dow Jones Industrial Average (DJIA) declined on Thursday, ending a two-day bullish run and shedding around 200 points. Equities took a hit after United States (US) Producer Price Index (PPI) inflation rose much faster than expected in July, knocking back bets of three Federal Reserve (Fed) interest rate cuts before the end of the year.
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Dow Jones Index Today: DJIA Stumbles on Concerning Inflation Data as Rate Cut Odds Drop
The Dow Jones (DJIA) is in negative territory on Thursday following a disappointing Producer Price Index (PPI) update. PPI is ...
The stock market has been extremely quiet on Wednesday afternoon, but there's a key level to watch for the Dow Jones ...
Investor's Business Daily on MSN9h
Dow Jones Futures: Is Stock Market Rotating? This Cathie Wood, Nancy Pelosi Pick Is A Buy
Dow Jones futures edged higher early Thursday, along with S&P 500 futures and Nasdaq futures, with more economic data ahead. Cisco SystemsCSCO headlined earnings late Wednesday.The stock market rally ...
NASDAQ has also moved away from session highs amid profit-taking. Advanced Micro Devices, which was up by 5.4%, was among the ...
Investors tend to watch the consumer-price index for insight into how prices are affected by inflation. And when investors ...
Disappointing employment figures and escalating trade tensions fueled investor anxiety about the economic outlook.
The consumer price index for July will come out on Tuesday, and Wall Street expects a 0.2% monthly overall increase and a 0.3 ...
Investor's Business Daily on MSN1h
Stock Market Today: Dow And Nasdaq Edge Lower As AI Stock Coherent Hits 3 Sell Signals; 3 Growth Stocks Set Up Entries (Live)
The Dow Jones index dropped mildly on a hot PPI inflation report as the Nasdaq trimmed losses. Coherent stock plunged after ...
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