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Most US stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady
Most stocks fell on Wall Street following a disappointing update on inflation. But gains for Amazon and other influential Big Tech companies helped mask the losses on Thursday, and the S&P 500 edged up by less than 0.
Big Tech keeps Wall Street steady amid disappointing inflation report
Most stocks are falling on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon and some other influential Big Tech companies are helping to mask the losses.
The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.
Wall Street's main indexes declined on Thursday, after a hotter-than-expected producer prices report dampened investor ...
The S&P 500 was virtually unchanged, a day after nudging to its latest all-time high, and is on track to close its fourth ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
Wall Street's main indexes were on track to open lower on Thursday, after a hotter-than-expected producer prices report ...
NEW YORK — U.S. stocks edged back from their record levels on Friday in a quiet finish to another winning week. The Standard ...
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% uptick in the core CPI.
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Trump administration official says Wall Street tariff inflation fears like 'waiting for Godot'
A key official in the Trump administration's economic team touted the July CPI inflation report as evidence that tariff-induced inflation isn't going to materialize as economists fear.
NEW YORK (AP) — U.S. stocks are hanging around their record levels on Friday as Wall Street heads toward the finish of ...
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US Stock Market Today: S&P 500 Retreats From Record High Nasdaq Falls 64 Points On Producer Inflation Data
The Nasdaq Composite lost 22.69 points, or 0.10%, to 21,690.45. Rate-sensitive small-caps and housing stocks also dropped ...
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