All articles tagged with #inflation data
Gold sits near a three-month high as a softer dollar and U.S. Treasury bond buybacks support prices; spot gold is about $4,643/oz with futures near $4,700, and the metal has surged more than 15% this month. Investors await inflation data and a potential dovish signal from the Fed at Jackson Hole, which could extend the rally, while a hawkish surprise could cap gains.
US stocks rose with the S&P 500 posting a new record as inflation data suggested rate hikes may slow, while the Nasdaq gained about 0.8% led by tech names; the Dow edged higher. Traders digested CPI and PPI readings and a batch of earnings, noting notable moves in Applied Materials, Workday, SanDisk/SNDK, Netflix, and Figma, as oil prices slipped and unemployment claims showed mixed signals.
U.S. stock futures were little changed as investors weigh Middle East tensions, higher oil prices and upcoming inflation data; Dow futures fell about 37 points while S&P and Nasdaq futures hovered near flat. Oil jumped over 5% on the Hormuz uncertainty, with WTI around $82 and Brent near $87–$88. Traders await the July CPI on Wednesday and the PPI on Thursday to gauge Fed policy after a weaker jobs report cooled rate-hike bets (roughly a 50% chance for September). In earnings, Cardinal Health and On Holdings are due Tuesday morning, with Cava Group, CoreWeave and Super Micro later; other highlights include Riot Platforms’ post-earnings move and a reported $9B Anthropic deal. Asian markets opened mixed as UBS suggested Chinese equities look attractive.
US stock futures rallied ahead of the June PCE inflation release and GDP data after a Fed hold, with Dow futures up about 0.2%, S&P 500 futures up around 0.4%, and Nasdaq futures up roughly 0.7%. The day features mixed earnings, with Meta slipping after its report while Microsoft jumped on Azure revenue, and Amazon and Apple due to report next. Investors monitor rising yields, a geopolitical backdrop in the Middle East, and the ongoing earnings season as they await inflation data to shape the Federal Reserve’s path.
U.S. stocks fell on Tuesday as tech shares weighed on the S&P 500 and Nasdaq, with Nvidia, Apple and Microsoft among the decliners, while the Dow edged higher. Investors guarded ahead of May inflation data and SpaceX’s anticipated IPO (the largest ever, around $75 billion), and stronger jobs data kept the odds of a December rate hike near 43%.
U.S. stocks finished mixed as a hotter‑than‑expected inflation print prompted a tech‑led pullback while the Dow Jones drifted higher; the S&P 500 and Nasdaq posted declines amid rotation away from growth names and concerns about higher rates and persistent inflation.
U.S. stock futures slipped after April's CPI came in hotter than expected (headline +0.6% MoM, +3.8% YoY; core +0.4% and +2.8%), while tensions with Iran kept energy markets on edge and lifted oil prices. At 08:38 ET, Dow futures fell marginally, S&P 500 futures were down about 0.3%, and Nasdaq-100 futures around 0.8% lower. Traders weighed mixed company news (GameStop slumping after eBay rejected its $56 billion bid; Aramark beating revenue estimates; Hims & Hers missing) against ongoing geopolitics and AI-driven market sentiment.
U.S. stock futures were little changed overnight as investors weighed a fragile U.S.-Iran ceasefire and awaited the March CPI inflation report; Nasdaq-100 and S&P 500 futures edged up while Dow futures hovered near flat, with oil prices modestly higher and BlackRock earnings in focus for the next session.
Futures are modestly mixed ahead of December’s PCE inflation print and other data, with AI-stock weakness and private-credit liquidity concerns weighing on sentiment; Walmart’s soft guidance contrasts with Amazon’s quarterly revenue lead, while Bath & Body Works expands on Amazon. In California, a housing squeeze pushes more residents to RV living in Silicon Valley, and ADP data show wage gains for job hoppers cooling, though industry differences persist. A potential Supreme Court ruling on tariffs adds another layer of uncertainty for consumers and companies.
The Dow briefly topped 50,000 on Feb. 6 but gave back the gains as AI-driven disruption and rich tech valuations pressured risk assets, triggering a broad selloff in AI-sensitive stocks and other sectors even as bonds benefited from cooler inflation and renewed rate-cut bets. Sentiment was extraordinarily bullish, with traders warned to buy dips rather than chase rallies, while data suggesting inflation might ease kept the Fed on investors’ radar. Analysts caution that this could be a near‑term peak if AI swings persist and earnings multiples don’t re-rate.
President Trump nominated Brett Matsumoto, a career BLS economist known for explaining data, to head the Bureau of Labor Statistics after firing the previous commissioner over weak jobs numbers; his Senate-confirmation is required, and the agency—scarred by turnover and morale issues—faces staffing challenges, but officials say the data remains reliable and less prone to political interference under a conventional leadership.
U.S. stock futures fell Sunday night after news of a criminal probe into Fed Chair Jerome Powell, with the Nasdaq 100 down 0.74%, the Dow down 0.47%, and the S&P 500 down 0.50% as investors await Tuesday’s inflation data and major bank earnings from JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley.
Flawed inflation data has undermined Donald Trump's hopes for a quick victory in improving affordability, highlighting issues with economic indicators and their impact on political goals.
U.S. stock futures remained stable after major indexes ended a four-day losing streak, buoyed by lower-than-expected inflation data and strong tech earnings, though Nike shares fell due to declining China sales and tariffs. Market activity is expected to be volatile with record options expiration, and FedEx posted strong quarterly results, nearing its yearly high.
U.S. stock futures rose significantly after lighter-than-expected inflation data and strong earnings from Micron Technology, which boosted optimism in the market. The CPI report showed a 2.7% inflation rate, lower than anticipated, and Micron's positive outlook helped rekindle interest in AI-related tech stocks. Despite recent declines, the overall market remains resilient, with tech stocks up for the year.