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Uh-Oh: Why These 2 Key Inflation Indicators Are Cause For Worry
Thursday, February 16, 2023 - 12:26pm | 719Read More...A pair of economic indicators are injecting worry into market bulls Thursday morning. Here's a look at what the data means for the Federal Reserve, and ultimately the markets. What Happened: The producer price index (PPI) increased 6% in January, down from 6.5% in...
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What 7.4% PPI Inflation Means For Investors: 'It Is Likely The Fed Will Move Ahead With Their Plans'
Friday, December 9, 2022 - 11:07am | 533Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations. The PPI climbed 0.3% compared to October, exceeding the 0.2% monthly increase economists...
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Are We In A Recession? The Question That Baffles Most Economists — Here Is What the Numbers Say: Benzinga TV
Wednesday, October 12, 2022 - 6:25pm | 270Read More...On today's (Oct. 12) episode of the "Stock Market Movers," host Mitch Hoch spoke to Jay Hatfield, founder, portfolio manager and CEO at Infrastructure Capital Advisors, about today's Producer Price Index (PPI) data and what that means for recession, the Federal Reserve...
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US Producer Prices Fall For First Time In 2 Years: What Investors Need To Know
Thursday, August 11, 2022 - 10:48am | 433Read More...U.S. producer prices fell last month for the first time since early 2020 on the back of lower energy costs. What Happened: The producer price index fell 0.5% in July, the U.S. Bureau of Labor Statistics reported Thursday. Average economist estimates were calling for an...
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'Better Than Expected': Stock Market Update For The Week Ahead
Sunday, October 11, 2020 - 6:35pm | 1496Read More...The Past Week, In A Nutshell What Happened: Last week ended positive alongside progress in stimulus talks. Remember This: “Very rarely in the last 10 years have we seen earnings estimates moving higher after a quarterly reporting season,” said Art Hogan, chief market strategist at...
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US Producer, Consumer Price Indexes Rise In February
Wednesday, March 13, 2019 - 8:44am | 472Read More...The U.S. Producer Price Index (PPI), which tracks final demand for products and services, rose 0.1 percent in February representing a modest deceleration and estimate miss, according to the Bureau of Labor Statistics. Meanwhile, rising costs of food, gas and rent drove a 0.2-percent rise in...
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Bank Of America's Top 10 Economic Themes Of The Week
Friday, November 21, 2014 - 2:53pm | 278Read More...As the trading week comes to an end, a group of analysts at Bank of America recapped the top 10 economic themes of the week. FOMC: Inflation on my mind. The October FOMC minutes revealed “more concern” over downside risks to growth an inflation than the actual statement itself...
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Market Wrap For January 15: Bulls Take Over As Economic Growth Remains Healthy
Wednesday, January 15, 2014 - 5:45pm | 2827Read More...The market picked up where it left off Tuesday and recorded a second straight day of strong gains. The Dow posted a triple digit point gain while the S&P 500 and Nasdaq all gained as the Federal Reserve's Beige Book indicated that economic growth remained healthy in most U.S. regions. The...
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Benzinga's PreMarket Info Recap for June 14, 2013
Friday, June 14, 2013 - 9:22am | 302Read More...Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves? Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to...
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Benzinga Market Primer: Friday, April 12
Friday, April 12, 2013 - 6:34am | 942Read More...Futures Lower Ahead of Bank Earnings U.S. equity futures slipped in early pre-market trading Friday ahead of key earnings from U.S. banking giants J.P. Morgan Chase (NYSE: JPM) and Well Fargo (NYSE: WFC). Famed analyst Dick Bove believes that 2013 bank earnings will be record-setting earnings once...
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Chinese Inflation, Industrial Production Fall in July
Thursday, August 9, 2012 - 8:34am | 524Read More...New data released late Wednesday and early Thursday from China pointed to a continued slowdown in the Chinese economy. Inflation slowed, industrial production fell and retail sales missed estimates pointing to a protracted slowdown in what is supposed to be the growth hub of the world. Industrial...
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The Real Deal on Wall Street: Are You Down with PPI?
Friday, March 16, 2012 - 8:06am | 272Read More...Hey, it’s Friday, and economic data could be a boring read this late in the week, so why not use a title from a 1990s classic hip-hop song (http://www.youtube.com/watch?v=mJgFU3U4X_Y)? Seriously, though, I didn’t sense much in the way of concern in the market regarding the February PPI report....
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PPI: Price, Meet Margin
Wednesday, January 18, 2012 - 7:13pm | 224Read More...What do we have here? The Producer Price Index for finished goods declined 0.1 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Prices for finished goods moved up 0.3 percent in November and fell 0.3 percent in October. At the earlier stages of...
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China Finds Success; More Stimulus Incoming?
Wednesday, November 9, 2011 - 7:30pm | 678Read More...Chinese inflation figures were reported Tuesday night. The Chinese consumer price index came in at 5.5% while China's producer price index came in at 5.0%. Analysts had been expecting 5.5% for CPI and 5.8% for PPI, so the figures were together slightly better than expectations. China's drop in...
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Previewing This Week's Economic Reports
Friday, September 9, 2011 - 2:09pm | 237Read More...There is a slew of economic data this week, with a look at inflation, retail sales, initial jobless claims, and manufacturing data leading the way. There are no economic reports scheduled to be released on Monday. Tuesday, September 13, we get August export and import prices at 8:30 a.m. At 2...
