"Market Watch: Dow Jones Gains Ahead of Key Inflation Data and Retail Sales"

Dow Jones futures and other stock indexes rose ahead of key inflation data, but pared gains after hotter-than-expected producer price index figures were released. Nvidia and Tesla extended losses, while Dick's Sporting Goods and Dollar General rallied in premarket trading. The Labor Department reported a 0.6% rise in the producer price index for February, exceeding expectations, and initial unemployment claims fell to 209,000. Meanwhile, U.S. retail sales rose 0.6% in February. Disney, IBM, and Procter & Gamble are attempting breakouts, while Duolingo, Fifth Third Bancorp, Dexcom, and Block are among the best stocks to watch. Apple and Microsoft traded higher ahead of the stock market open.
- Stock Market Today: Dow Jones Rises Ahead Of Key Inflation Data; Nvidia, Tesla Extend Losses Investor's Business Daily
- Stock Market Today: Dow futures gain 100 points as PPI, retail sales data awaits MarketWatch
- Daily Markets: Investors Focused on February Retail Sales and PPI Nasdaq
- 5 Things to Know Before the Stock Market Opens Investopedia
- Today it's about the PPI – Gold and Bitcoin steady FXStreet
Reading Insights
0
12
5 min
vs 6 min read
90%
1,114 → 106 words
Want the full story? Read the original article
Read on Investor's Business Daily