stock, inflation
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Live Updates Live Coverage Has Ended Thursday Wrap-up 4:20 pm The Vanguard S&P 500 ETF closed Thursday almost flat at 592.77, down just 0.01%. Ask Sherwin-Williams... Why Its Stock is Going Down 1:32 pm BofA Securities analyst Steve Byrne removed his sell rating and upgraded S&P 500 component company Sherwin-Williams (NYSE: SHW) to neutral this
1don MSN
Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the months ahead helped spark a rotation away from what had been working in the U.S.
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Investor's Business Daily on MSNStock Market Rallies Amid Shifts Despite Hot Inflation; Amazon, CoreWeave In Focus: Weekly Review
The stock market had a strong week despite hot inflation, but with shifts underneath. Amazon jumped on a grocery delivery push.
The rally in small-cap stocks fizzled, with investors buying shares of large tech and financial companies.
And while Deere reported higher-than-expected earnings of $4.75 per share and revenue of $10.4 billion, management now expects net income for the full fiscal year to be $5 billion at the midpoint – down from a previous forecast of $5.15 billion.
The stock market's on pace to snap a three-day winning streak after an inflation report nudged some investors to pare back rate cut hopes.
US stock futures inched higher around the flatline as Wall Street braced for July's inflation report and President Trump revealed his pick to head the Bureau of Labor Statistics.