Medtech Companies Rally After Data on Weight Loss Drug

Finance News

Medtech Companies Rally After Data on Weight Loss Drug
Medtech,Weight Loss Drug,S&P 500

The S&P 500 closed slightly lower as investors awaited crucial inflation data that could impact the U.S. Federal Reserve's interest rate decisions. The focus shifted to the Consumer Price Index (CPI) data, with economists expecting a 3.3% increase for October. Core prices are expected to remain unchanged. The CPI reading, along with the labor market, will determine the future of Fed policy.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 97%

The S&P 500 closed slightly lower as investors awaited crucial inflation data that could impact the U.S. Federal Reserve's interest rate decisions. The focus shifted to the Consumer Price Index (CPI) data, with economists expecting a 3.

3% increase for October. Core prices are expected to remain unchanged. The CPI reading, along with the labor market, will determine the future of Fed policy.

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:

Reuters /  🏆 2. in UK
 

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines



Render Time: 2025-01-13 02:22:39