were weaker than expected for March, and jobless claims edged above expectations. That could ease fears about the Fed taking an aggressive stance on interest rates when it meets in early May.
The Labor Department said producer prices rose 2.7% in the year through March, versus expectations for a 3% increase.
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Morgan Stanley's Slimmon names 'attractively priced' stocks to beat the economic uncertainty'The U.S. economy is not rolling over,' says the senior portfolio manager, who expects a slowdown will happen later than many have predicted.
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Oil stocks rise unexpectedly on SPR release, weak exportsU.S. crude inventories rose unexpectedly last week, the Energy Information Administration said on Wednesday, helped by release of oil from the U.S. government emergency reserve as well as weaker levels of export. Hahaha, Hahaha
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Stocks rise as another report points to cooling inflation: Live updatesThe March producer prices index, a measure of prices paid by companies and often a leading indicator of consumer inflation, was cooler than expected. You utter permabull charlatan clowns Still 5% Still more than DOUBLE what it should be More tightening required rates/QT
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