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.
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:
United States United States Latest News, United States United States 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 »