Investors on Edge: Inflation Data and Earnings Season in Focus
TL;DR Summary
US stocks edged higher as investors awaited key inflation data and the start of earnings season. The S&P 500 and Dow Jones Industrial Average added about 0.1%, while the Nasdaq Composite dipped by 0.1%. Economists expect March’s consumer price index to climb 0.3% from February’s figure, lowering the year-over-year inflation rate to 5.2%. Meanwhile, markets are now pricing in a 68% probability that the Federal Reserve will raise interest rates by another 0.25% in May. Tech stocks have made a sudden turnaround from an ugly 2022, but some analysts believe the recent run is getting stretched.
- Stocks edge higher as key inflation data looms: Stock market news today Yahoo Finance
- Inflation, the IMF and World Bank Meet and Earnings Season Starts: 3 Things to Watch | Market Takes Dion Rabouin | WSJ
- S&P 500 is little changed as investors await March inflation report: Live updates CNBC
- U.S. stocks are mixed as investors await inflation data, Fed minutes By Investing.com Investing.com
- This Week in Business The Pioneer
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
3 min
vs 4 min read
Condensed
87%
752 → 96 words
Want the full story? Read the original article
Read on Yahoo Finance