The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared with a year earlier, producer prices rose 3.3%, biggest jump since February 2023 and up from a 3% gain in November.
Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday. Economists polled by FactSet were forecasting a 0.
Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.
Market-based expectations of future inflation were rising further above 2% on Tuesday as traders looked past December's mild producer-price index report and a
Inflation rose faster than expected in December, but core inflation was softer than expected as the Federal Reserve weighs a slower pace of interest rate cuts in 2025.
US stocks gave up early gains to end mixed. Investors await key consumer inflation data and the start of earnings season on Wednesday.
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
The Labor Department reported Tuesday that its producer price index — which tracks inflation ... according to a survey of forecasters by the data firm FactSet. Wholesale prices can offer an ...
Treasury yields were down slightly Tuesday, as investors digested fresh data on U.S. wholesale inflation from the producer-price index. The yield on the 10-year Treasury note was down about one basis point at around 4.78%, according to FactSet data ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation ... according to a survey of forecasters by the data firm FactSet. Wholesale prices can offer an ...
Investing.com – US stock index futures slumped Monday, with the tech sector hard hit as investors weighed the implications of competition from Chinese AI startup DeepSeek on richly valued sector.
Nikkei 225 is an index which belongs to the Tokyo Stock Exchange (TSE). The Nihon Keizai Shimbun (Nikkei) calculates the index daily since 1950. The calculation of Nikkei 225 index began on ...