US stocks are whipsawed around US CPI, benchmarks firmly back in the green

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

US stocks are whipsawed around US CPI, benchmarks firmly back in the green – by fx_ross Equities CPI YieldCurve Fed

Bulls have stepped in at a bargain on Wall Street.

The report follows data on Wednesday that showed US producer prices increased more than expected in September and combined with CPI, traders in the money markets are pricing in a near 91% odds of a fourth straight 75-basis-point hike by the Fed at its meeting next month, with some also pricing in a 9% chance of a 100 bps rise.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

 

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

 /  🏆 14. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

DWAC Stock Price | Digital World Acquisition Corp. Cl A Stock Quote (U.S.: Nasdaq) | MarketWatchDWAC | Complete Digital World Acquisition Corp. Cl A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview. Lol, doa MAGA LOVES BIG TECH 💰 Well played Google, well played It’s going down and the MAGA can’t say that you didn’t allow them access One less Victimhood excuse. Thank you!
Source: MarketWatch - 🏆 3. / 97 Read more »

What stock-market investors will be watching in Thursday's U.S. inflation reportHotter-than-expected consumer-price index readings have triggered some of the stock market’s biggest one-day selloffs in 2022, serving to focus investor attention ahead of the latest measure of retail inflation on Thursday.
Source: MarketWatch - 🏆 3. / 97 Read more »

Study: When companies hire Black CEOs, their stock jumpsResearchers reviewing thousands of CEO appointments found firms appointing Black CEOs saw a short-term bump in market capitlization after the announcement. With this picture y’all better not be claiming Walgreens stock jumped because it absolutely has not since they hired Roz Brewer. In fact the stock has gone down. Maybe use a picture of someone who actually grew their stock price.
Source: washingtonpost - 🏆 95. / 72 Read more »

S&P 500 Seesaws After Hawkish Fed Minutes, Stock Market Fate Tied to Inflation DataThe Fed minutes from the September meeting reiterate that policymakers remain resolute on the need to make monetary policy more restrictive. The S&P 500 pushes into positive territory but bullish momentum is weak. All eyes on CPI tomorrow.
Source: DailyFX - 🏆 305. / 63 Read more »

What stock-market investors will be watching in Thursday's inflation reportStrong consumer-price index readings were responsible for some of the stock market's biggest one-day selloffs of 2022. Investors are bracing for the next... Fire this Guy🤔 You should report what SpeakerPelosi is buying so the rest of us can get some of that legal insider trading.
Source: MarketWatch - 🏆 3. / 97 Read more »