Hot inflation undercuts one of the main arguments against stocks, strategist says

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

U.S. stocks slumped after a surprisingly hot reading on inflation in October. Consumer prices jumped 0.9%, and the core measure also accelerated.

While the Dow Jones Industrial Average DJIA dropped sharply after the data, one strategist argues the hot reading removes a key argument against equities.

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 İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

that impulsive break was wat I was looking for likely $BTC closes positive on d weekly from here but continuation in the 45's would be lovely I’ve be following CointradeCrypto posts and predictions on his telegram channel seriously and I’ve been holding firmly, he’s an underrat

Executives wants a big correction for stock buybacks

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Hot inflation report slams bond market, sends stocks lowerAn eye-opening report on inflation that was hotter than expected slammed into the bond market Wednesday, sending yields jumping and helping knock stocks lower. good luck There's no greater joy than having financial freedom and a life free debts 😊, that's why I keep posting a comment about Mrs Nichelle_1111
Source: latimes - 🏆 11. / 82 Read more »