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Stocks rose after cooler-then-expected producer inflation data. Investors are now looking ahead to Wednesday's consumer price index data. Earnings season will also kick off tomorrow, with major ...
Each index initially opened in the green after investors were surprised by a cooler-than-expected producer price index report. Wholesale inflation increased 0.2% month-to-month in December, below ...
Inflation has slowed significantly since topping out at 9.1% in June 2022. However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full ...
With inflation coming in as expected, stocks are regaining ground after two losing sessions this week. Wall Street will now watch for the latest producer price index to be released on Thursday ...
US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978.
Indexes dipped Thursday as investors took in hotter-than-expected inflation data. Jobless claims, meanwhile, climbed 33,000 to 258,000, its highest in over a year.