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Stocks rise as another report points to cooling inflation: Live updates

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The March producer prices index, a measure of prices paid by companies and often a leading indicator of consumer inflation, was cooler than expected.

dropped 0.85%. The Dow snapped a four-day winning streak, ending the day down 38.29 points, or 0.11%.from the March Federal Open Market Committee meeting. In particular, the Fed expects the recent banking crisis to cause a mild recession later this year.

"Wall Street went from focusing on a mostly cooler-than-expected inflation report to the Fed Minutes that prompted recession worries as further banking turmoil could be right around the corner as bank earnings near," said Ed Moya, senior market analyst at Oanda.The major averages rose to start Thursday's session. The Dow advanced 40 points, or 0.1%. The S&P 500 gained 0.3%, and the Nasdaq Composite climbed 0.7%.

After a two-year lock up period, Ethereum staking withdrawals were enabled by the Shanghai upgrade around 6:30 p.m. ET on April 12.

 

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You utter permabull charlatan clowns Still 5% Still more than DOUBLE what it should be More tightening required rates/QT

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