Tag

Inflation Report

All articles tagged with #inflation report

economy2 months ago

Government Shutdown Threatens Next Inflation Report Amid Economic Uncertainty

The White House announced that there will likely be no inflation report released in November due to the ongoing government shutdown, which has paused data collection by the Bureau of Labor Statistics. This absence of data could impact the Federal Reserve's decision-making on interest rates and leave markets and policymakers without crucial information on inflation trends.

economy3 months ago

BLS prepares to release delayed inflation report amid shutdown

The Bureau of Labor Statistics is recalling staff to finalize and release the delayed Consumer Price Index (CPI) data, crucial for determining the Social Security Cost of Living Adjustment (COLA), which was postponed due to the government shutdown. The CPI data, essential for economic and Federal Reserve decisions, is now expected to be released soon, ensuring timely COLA calculations despite other delayed reports like September's unemployment figures.

business6 months ago

Dow Declines as Nvidia Reaches New High Amid Tariff Concerns

Stock indexes showed mixed results amid a stable inflation report, with the Dow falling and the Nasdaq rising. Nvidia hit a new high, and key earnings reports from banks like JPMorgan and Citigroup influenced market movements. Treasury Secretary Bessent suggested Powell should step down, and trade negotiations with China remain positive. Several stocks broke out, and market sentiment was influenced by inflation data and Federal Reserve considerations.

business7 months ago

US and China Announce Trade Framework Amid Market Volatility

Dow Jones futures declined slightly amid ongoing U.S.-China trade negotiations, with a tentative framework announced. Tesla's robotaxi service is set to begin in Austin on June 22, boosting Tesla's stock. The market saw modest gains, led by Tesla and Google, despite some weakness in growth stocks. The upcoming CPI inflation report is highly anticipated, and tech stocks like Google are showing strength amid AI developments.

stock-market1 year ago

Dow Dives Amid Tech Slump and Rate Jitters

The stock market saw mixed results on Thursday, with small caps like Robinhood and Universal Health gaining, while cloud stocks, led by Salesforce, suffered significant losses. The Nasdaq composite fell 1.1%, and the S&P 500 lost 0.6%, while the Russell 2000 rallied 1.1%. Concerns over U.S. government restrictions on AI chip sales to the Middle East impacted semiconductor stocks. Investors are awaiting an inflation report due Friday.

finance1 year ago

"Inflation Report Sparks Stock Market Turbulence: Fed's Data Dependence Questioned"

Stock futures dipped as traders anticipated another inflation report, with Dow Jones Industrial Average, S&P 500, and Nasdaq-100 futures all sliding. The market reacted to a hot March inflation reading, prompting concerns about potential Federal Reserve rate cuts. The next key inflation tests come with March's producer price index and weekly jobless claims. Additionally, Vertex Pharmaceuticals announced its acquisition of Alpine Immune Sciences, causing shares to fluctuate.

financeeconomy1 year ago

"Rising Inflation Sparks Stock Plunge and Fed Uncertainty"

US stocks tumbled as traders reacted to a hotter-than-expected inflation report, leading to a repricing of expectations for Fed rate cuts this year. The Dow Jones Industrial Average lost over 470 points, while bond yields surged higher. Inflation continued to accelerate in March, with consumer prices rising 3.8% year-per-year, higher than expected. The odds of a June Fed rate cut have been completely wiped off the table, and investors are now pricing in just a 6% chance of a significant rate cut this year. The latest CPI report has raised concerns that the Fed could keep interest rates higher for longer, leading to a 1.13% drop in the S&P 500 and a 1.24% drop in the Nasdaq Composite.

finance1 year ago

"Inflation Report Impact: Stock Market Reacts with Dow Jones Rise and US Futures Sink"

The Dow Jones Industrial Average plummeted 475 points in response to a higher-than-expected CPI inflation report, with Nvidia and Tesla also experiencing stock market declines. The Labor Department reported a 0.4% increase in the March consumer price index, exceeding estimates, while core inflation rose 0.4% with a year-over-year increase of 3.8%. Investors are now awaiting the Federal Reserve's March policy meeting minutes. Additionally, Delta Air Lines rallied after better-than-expected first-quarter results, while big banks like JPMorgan Chase, Wells Fargo, and Citigroup are set to report earnings later this week.