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Stock futures fall as latest inflation reading much hotter than expected
Stock futures retreated on Thursday after a report on wholesale-price inflation came in much hotter than expected. The July PPI rose 0.9%, well above economists' expectations for a 0.2% increase. A reading on core-price growth also showed an increase of 0.
Stock Market Live August 14: Wholesale Inflation Rises, S&P 500 (VOO) Falls
This article will be updated throughout the day, so check back often for more daily updates. Two days ago, news that US retail consumer inflation rose only 2.7% in July (that’s 0.1% less than expected) sent the stock market flying,
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Stock Market Today: Dow Down Mildly On Hot PPI Inflation; AI Stock Coherent Dives After Quarterly Update (Live Coverage)
The Dow Jones index dropped mildly on a hot PPI inflation report as the Nasdaq trimmed losses. Coherent stock plunged after its earnings report included a disappointing forecast.
The S&P 500 dipped 0.3% after flirting with its all-time high, which was set two weeks ago, earlier in the day. The Dow Jones ...
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