U.S. stocks open lower after hotter-than-expected producer price inflation data

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stocks opened lower on Wednesday after erasing their premarket gains as data showed producer-price inflation accelerated more quickly than expected last...

U.S. stocks opened lower on Wednesday after erasing their premarket gains as data showed producer-price inflation accelerated more quickly than expected last month. The S&P 500 SPX, +0.

19% fell 10 points, or 0.3%, to 3,579. The Dow Jones Industrial Average DJIA, +0.33% retreated 84 points, or 0.3%, to 29,155. The Nasdaq Composite declined 27 points, or 0.3%, to 10,399.

 

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:

 /  🏆 3. 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.

Jim Cramer says market rallies will have a ‘short shelf-life’ until the Fed beats inflationStocks fell on Monday ahead of the release of producer price index and consumer price index data later this week. like defnotES2 said , well done Jim The king has spoken Finally he said something credible
Source: CNBC - 🏆 12. / 72 Read more »

U.S. stocks open near 2-year lows as major indexes on track for 5th day of lossesU.S. stocks opened lower on Tuesday, raising the possibility of a fifth day in the red as the Nasdaq and S&P 500 traded near their lowest intraday levels in... Remember when gas was down 99 days in a row! While are you ready for the up swing? It’s started! ⬆️
Source: MarketWatch - 🏆 3. / 97 Read more »