"Inflation Report Sparks Stock Market Volatility: Dow and S&P Live Updates"
TL;DR Summary
US stocks wavered after a hotter-than-expected inflation reading, with the S&P 500 hugging the flatline and the Dow Jones dipping but paring back losses. Coinbase shares surged over 14% after posting its first quarterly profit in two years, while Nvidia's upcoming earnings report is anticipated to impact the broader market. Oil prices continued to climb, and Nike announced plans to cut about 1,600 jobs as part of a restructuring plan.
- Stock market today: Stocks wobble after another hot inflation report Yahoo Finance
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- January wholesale prices rise more than expected, another sign of persistent inflation CNBC
- Stock Market Today: Dow, S&P Live Updates for February 16 Bloomberg
- PPI Inflation Report Comes in Hot, Complicates Matters for Fed Barron's
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