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Trump's 'Tarifflation' In The Spotlight As Markets Shrug Off Cool Inflation Data, Economist Says
Friday, April 11, 2025 - 11:42am | 575Another indicator of slowing inflation came in on Friday morning with a cooler-than-expected Producer Price Index that fell 0.4% month-over-month in March. On an annual basis, producer inflation slowed to 2.7%, well below economists’ estimates of 3.3% and down from 3.2% in February....
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'Negative GDP Growth Is More Likely Than Not' In Q1, Economist Warns
Thursday, March 27, 2025 - 1:25pm | 714Wall Street received some positive data Thursday morning after the Bureau of Economic Analysis upwardly revised U.S. gross domestic product growth for the fourth quarter of 2024. But, experts are concerned about upcoming GDP estimates as the effects of new trade policies are felt. The Data: The...
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Fed 'Truly Has A Green Light' To Cut Rates By 0.5% After July Producer Price Report, Says Economist
Tuesday, August 13, 2024 - 11:52am | 447The Producer Price Index for July released Tuesday showed a decline following an unanticipated rise in June, much to the relief of the markets. “The PPI data this morning came in lower than expected – across the board – which is good news for those investors that worried the Fed would have...
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Markets Are 'Ripe For Negativity,' But Financial Expert Urges Investors To 'Pick Up Some Deals'
Monday, August 5, 2024 - 1:46pm | 732Financial markets are poised for a bumpy ride as they face a series of recent events that have led to a major selloff, analysts say. On Thursday, the Federal Reserve held off on cutting rates and then a cooler-than-expected U.S. jobs report landed on Friday while Iran threatened to attack Israel....
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Fed 'Made A Serious Error' In Keeping Rates Unchanged Before July Jobs Report: CIO
Friday, August 2, 2024 - 11:45am | 556The Federal Reserve should have lowered interest rates at Thursday’s meeting, according to economists reacting to the jobs report released on Friday. The Fed has kept its key interest rate between 5.25% and 5.5% as it looks for the inflation rate to fall to 2%. “The economy and the...
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US Stocks On Track To Finish Week On A High As Positive Earnings, Rate Pause Hopes Lend Support
Friday, November 17, 2023 - 8:14am | 1400The resilient market looks set to open the week’s last trading session on a modestly positive note. Stocks have been mostly higher this week following the release of a tame consumer price inflation report on Tuesday, although the upward move hasn’t been very convincing. On Friday,...
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Chances Of Another 0.75% Interest Rate Hike Plummet Following Soft CPI Inflation Reading
Wednesday, August 10, 2022 - 11:47am | 558The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control. Investors wondering if the Fed will pull the trigger on a third 0.75% hike at its next meeting in September got some key inflation data on Wednesday morning...
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Experts React To 0.75% Fed Rate Hike: 'Don't Think They Will Pause'
Wednesday, July 27, 2022 - 4:11pm | 647The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 2.25% and 2.5%, its second 0.75% rate hike in two months. The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 3% on Wednesday afternoon following the rate hike and bullish commentary from...
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How To Navigate The Ukraine Crisis-Induced Market Chaos
Friday, February 25, 2022 - 12:35pm | 589The Ukrainian crisis is showing no signs of abating, and financial markets have been in turbulence since Russia invaded the Eastern European country. Against this backdrop, here are ideas on how traders can insulate themselves from the market turmoil. Valuation Compression...
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How The Markets Are Reacting To Russia's Invasion Of Ukraine
Thursday, February 24, 2022 - 11:56am | 854The SPDR S&P 500 ETF Trust (NYSE: SPY) dropped 2.5% and the SPDR Dow Jones Industrial Average ETF Trust (NYSE: DIA) dropped 2.4% on Thursday morning after Russia launched an attack against Ukraine. What Happened? Russia invaded Ukraine overnight, with reports of missile strikes and...
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'Another Surprise Jump': Experts React To 7.5% CPI Inflation, Highest Since 1982
Thursday, February 10, 2022 - 10:28am | 415The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.3% on Thursday morning after the Labor Department reported a 7.5% increase in the consumer price index in the month of January, the fastest inflation growth since 1982. What Happened: The headline CPI rose 7.5% in January, outpacing...
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US Economy Adds Just 210,000 Jobs In November: 6 Experts React To Huge Payroll Miss
Friday, December 3, 2021 - 11:01am | 619The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% Friday morning after the Labor Department reported disappointing U.S. jobs market numbers from November. The U.S. added 210,000 jobs in November, missing consensus economist estimates of 573,000 jobs. The U.S. unemployment rate fell...
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US Economy Adds Just 194,000 Jobs In September: Experts React To Second Straight Major Miss
Friday, October 8, 2021 - 9:46am | 602The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher Friday morning after the Labor Department reported its second straight disappointing monthly jobs reports. The U.S. added just 194,000 jobs in September, falling well short of consensus economist estimates of 500,000 jobs. The U...
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Experts React To Trump's Coronavirus Diagnosis And Its Impact On The Stock Market
Friday, October 2, 2020 - 11:31am | 708Markets traded lower on Friday after U.S. President Donald Trump tested positive for the coronavirus just one month ahead of the November election. Trump and First Lady Melania Trump both tested positive shortly after top Trump aide Hope Hicks tested positive. Trump’s diagnosis comes...
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4 Experts On August Job Numbers: 'Now The Real Work Begins'
Friday, September 4, 2020 - 2:57pm | 569The SPDR S&P 500 ETF Trust (NYSE: SPY) was trading lower by another 2.1% on Friday morning despite a better-than-expected August jobs report from the Department of Labor. The U.S. economy added 1.37 million jobs in August, topping consensus economist estimates of 1.32 million. In addition, the...