Stock market today: S&P 500 shrugs off inflation surprise as focus shifts to Fed

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Stock market today: S&P 500 shrugs off inflation surprise as focus shifts to Fed

Investing.com -- The S&P 500 closed higher Thursday, shrugging off a hotter-than-anticipated producer price data as focus shifted to the widely expected Federal Reserve interest rate cut next week.The producer price index for final demand in August increased by 0.2% in August, above estimates of 0.1%. The July was also revised down to show that PPI was unchanged, rather than inching up by 0.1%, according to the US Bureau of Labor Statistics.

While the August headline and core PPI came in slightly above expectations on a monthly basis, there soft components in the the report including both nursing care facilities and portfolio management and investment advice that filter in the Fed's preferred measure of inflation, or PCE, that point to easing price pressures, Evercore ISI said.

Moderna said it would cut its R&D expense by about $1.1 billion starting in 2027 in light of"recent commercial challenges," and now expects 2025 revenue of $2.5 billion to $3.5 billion.) gained 1% even as the airplane maker could be facing a strike as soon as Friday should more than 30,000 of the planemaker's workers in the US Pacific Northwest vote to begin a work stoppage and reject a tentative labor deal.

However, the employees, who are represented by the International Association of Machinists District 751, are likely to reject the deal on Thursday, according to media reports. Workers are reportedly asking for bigger wage increases and other improvements to the agreement.) lifted its Q3 outlook, driven by strong summer demand.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 450. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Stock Market Today: S&P 500 closes higher as Fed minutes boost Sept rate cut hopesStock Market Today: S&P 500 closes higher as Fed minutes boost Sept rate cut hopes
स्रोत: Investingcom - 🏆 450. / 53 और पढो »

Stock Market Today: S&P 500 in best week of 2024 as revived bulls resume marchStock Market Today: S&P 500 in best week of 2024 as revived bulls resume march
स्रोत: Investingcom - 🏆 450. / 53 और पढो »

Stock market today: S&P 500 slips as Nvidia rebound runs out of steamStock market today: S&P 500 slips as Nvidia rebound runs out of steam
स्रोत: Investingcom - 🏆 450. / 53 और पढो »

Stock Market Today: S&P 500 rides Nvidia-led rally to close higherStock Market Today: S&P 500 rides Nvidia-led rally to close higher
स्रोत: Investingcom - 🏆 450. / 53 और पढो »