Stock market news today: US stocks fall ahead of July CPI report

US stocks fell Wednesday as investors waited for key inflation data to roll out Thursday morning.

Major indexes ended in the red, continuing this week's sell-off and struggling to recover as August proves tough for investors coming off a hot streak earlier this summer. Cleveland Fed economists expect inflation to accelerate 3.4% year-over-year. Both estimates are slightly higher than the inflation figures reported in June, when prices rose 3%.

Investors are hoping that cooler inflation data could influence the Federal Reserve to end its rate hike campaign, which would likely be a boon for stocks.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market outlook: July CPI report to spark a big rally for stocksThis week's inflation report will spark a big rally in the stock market, Fundstrat says
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Stock market news today: Investors look to upcoming CPI inflation dataUS stocks moved higher on Monday as investors turn their attention to upcoming inflation data and whether that will impact the trajectory of the Federal Reserve's current interest rate trajectory. July CPI data will be released later this week on Thursday.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Asian Stock Market: Trades mixed, investors await Chinese/ Indian CPI dataAsian stock markets trade mixed on Monday following mixed US employment data. That said, the Nonfarm Payrolls in the US rose 187,000 in July, worse th
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »

Asian Stock Market: Trades lower on renewed US-China fears, all eyes are on US CPIAsian stock markets trade lower on Thursday. Markets turn cautious amid concern over the possible deflation in China and the renewed trade war tension
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »

Dish bonds rally with stock after all-stock merger with EchoStarBillionaire Charlie Ergen's decision to combine his two telecom companies, Dish Network Corp. and EchoStar Corp., in an all-stock deal sent their shares higher on Tuesday. The news also sparked a rally in the company's bonds.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »