Inflation eased to 4-year low
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Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
The Dow Jones Industrial Average (DJIA) eased slightly lower on Wednesday, slipping back toward the 42,000 handle as equity markets spin in place during a calm midweek market session. Most of the major equity indexes have clawed back YTD losses, thanks in no small part to a determined bullish tilt in tech stocks.
US Stock market futures are facing pressure as tariff uncertainty continues to dominate the conversation. The S&P 500, Dow Jones, and Nasdaq futures struggle for direction after recent tech rallies, especially in companies like Nvidia.
The University of Michigan's final read on consumer sentiment for March came in at 57, slightly below a Dow Jones estimate of 57.9, as inflation ... visibility on impact/timeline further ...
Federal Reserve Chairman Jerome Powell sent stocks lower when he commented about the impact of President Trump's tariffs and how it may affect inflation and a potential rate cut.
Russia's central bank Friday left its key interest rate unchanged for a fourth straight meeting, despite a continuing rise in inflation driven ... have proinflationary effects through the ruble ...
U.S. stock futures dropped Tuesday morning as investor focus shifted from the recent U.S.-China tariff truce to the April CPI report, a key inflation update that could influence Federal Reserve interest rate cuts.