Stocks Ease Off as Hot PPI Keeps Fed Rate Hike Bets Alive
TL;DR Summary
US stock indices slide as hotter-than-expected producer price index data raises expectations for tighter policy, with the Dow, S&P 500, and Nasdaq dropping ahead of the Federal Reserve’s upcoming decision.
- Stock market today: Dow, S&P 500, Nasdaq futures fall after PPI inflation comes in hot ahead of Fed decision Yahoo Finance
- Dow falls 200 points after hot inflation reading, Fed decision looms: Live updates CNBC
- PPI inflation surprise: Producer prices rise more than forecast in February, complicating Fed outlook Yahoo Finance
- Surge in wholesale prices is a warning Axios
- Stock Market Today: Dow, S&P 500 and Nasdaq turn lower after inflation report spooks market; oil and natural gas surge; Fed decision on tap MarketWatch
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