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Stocks Ease Off as Hot PPI Keeps Fed Rate Hike Bets Alive

1 min read
Source: Yahoo Finance
Stocks Ease Off as Hot PPI Keeps Fed Rate Hike Bets Alive
Photo: Yahoo Finance
TL;DR

US stock indices slide as hotter-than-expected producer price index data raises expectations for tighter policy, with the Dow, S&P 500, and Nasdaq dropping ahead of the Federal Reserve’s upcoming decision.

Topics:top-newsmarkets#fed-decision#inflation#markets#ppi#stocks
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  1. Stock market today: Dow, S&P 500, Nasdaq futures fall after PPI inflation comes in hot ahead of Fed decision  Yahoo Finance
  2. Dow falls 200 points after hot inflation reading, Fed decision looms: Live updates  CNBC
  3. PPI inflation surprise: Producer prices rise more than forecast in February, complicating Fed outlook  Yahoo Finance
  4. Surge in wholesale prices is a warning  Axios
  5. Stock Market Today: Dow, S&P 500 and Nasdaq turn lower after inflation report spooks market; oil and natural gas surge; Fed decision on tap  MarketWatch

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