Dow Futures Fall 170 Points to Start Week With Key Inflation Data, Earnings Ahead

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Stock Futures Are Lower as Market Exits Rollercoaster Week

rose 6 basis points, closing at 4.316%. One basis point is equivalent to 0.01%.

"Given the conditions that we are operating under, we believe it's prudent to begin preparing for a recession," he added."The talk of a shallow recession that is now the narrative-du-jour strikes us as eerily similar to the 'inflation is transitory' narrative of last year." Core inflation previously rose 0.6% from July to August – the most recent data before what is coming next week – and was up 6.3% from a year ago.— Alex HarringMarket observers will be watching for key data and information coming in the coming week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The drop in expected S&P earnings is in the sweet spot for big stock-market gains over the next 12 monthsIt’s good news that the S&P 500’s earnings per share in the fourth quarter will likely be significantly lower than in the fourth quarter of last year, MktwHulbert explains. MktwHulbert “BeCaUsE FeD PiVoT.”
Source: MarketWatch - 🏆 3. / 97 Read more »