All articles tagged with #inflation data
US stock futures declined Monday as Brent crude surpassed $105 and Treasury yields reached multiyear highs. The 10-year yield hit its highest level since 2007, while the 30-year yield matched a 2004 peak. This volatility follows a strong week for tech stocks but precedes key inflation and jobs data releases.
Investors are eyeing Wednesday’s Federal Reserve rate decision amid stubborn inflation and an AI-driven growth backdrop, with markets pricing in a hike; oil has surged above $100 due to US–Iran tensions and Strait of Hormuz disruptions, while stocks hover near record highs despite higher yields, as a week of data—including Empire manufacturing, industrial production, and retail sales—could sway sentiment.
U.S. stocks were on track for a fourth day of declines as longer-dated Treasuries rose and oil surged, with traders pricing in a higher-for-longer Fed stance and about a 62% chance of a rate hike next week ahead of inflation data; the 2-year yield climbed to around 4.53% and the 10-year to about 4.91%, while Brent crude traded above $105 amid Iran-U.S. tensions and tech shares weighed on markets.
Fed Governor Christopher Waller said he is leaning to hold the federal funds rate steady at the September meeting if upcoming inflation data stay on track, arguing disinflation is taking hold even though inflation remains above the 2% target; he warned a data surprise could justify tightening and noted tariffs and energy prices have had muted effects. Markets priced around a 55% chance of a hike, and Waller stressed policy is currently only modestly restrictive, with upcoming CPI/PPI data and BEA revisions to the PCE index likely to influence the decision.
Bitcoin’s rally hit resistance near the $80,000 level as traders await the latest U.S. inflation data (the PCE index). The price hovered around $79,000 after briefly exceeding $81,000, with some profit-taking after a strong run. ETF inflows underpin the move, but momentum signals suggest overbought conditions. A sustained break above $80,000 could open a path to roughly $95,000–$100,000, while failing to hold the level could trigger a near-term pullback.
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.