Producer prices rose less than expected in December, encouraging investors
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared with a year earlier, producer prices rose 3.3%, biggest jump since February 2023 and up from a 3% gain in November.
Stock Futures Jump as Producer Prices Show Signs of Cooling
Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday. Economists polled by FactSet were forecasting a 0.
The Washington Post10d
Next Week: Producer prices, consumer prices, retail sales
Producer price index, annual percent change, not seasonally adjusted: July 2.4 Aug. 2.0 Sept. 1.9 Oct. 2.4 Nov. 3.0 Dec. (est.) 3.5 Source: FactSet. Eye on inflation The Labor Department issues ...
Stock Market Today: Stocks Are Mixed Ahead of CPI
Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.
Breakeven inflation rates rise despite December's mild producer-price reading
Market-based expectations of future inflation were rising further above 2% on Tuesday as traders looked past December's mild producer-price index report and a
US stocks give up early gains to end mixed as investors await key consumer inflation data
US stocks gave up early gains to end mixed. Investors await key consumer inflation data and the start of earnings season on Wednesday.
Wholesale inflation heated up less than expected last month
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
Detroit News6d
U.S. producer prices rose 0.2% last month on higher energy costs
The Labor Department reported Tuesday that its producer price index — which tracks inflation ... according to a survey of forecasters by the data firm FactSet. Wholesale prices can offer an ...
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US Equity Indexes Fall as Investors Evaluate Easing in Wholesale Price Inflation
US equity indexes fell in midday trading on Tuesday as investors weighed a steeper-than-expected drop in producer price inflation. The tech-heavy Nasdaq slipped 0.4% to 19,004.2, with the S&P 500 down 0.
Producer prices rose less than expected last month, encouraging investors
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November,
Dow rises more than 200 points on Tuesday after wholesale inflation report comes in light: Live updates
Wall Street analyzed the cooler-than-expected producer price index for December on Tuesday and looked ahead to the consumer price index report on Wednesday.
Ibj.com6d
Wholesale inflation rises on higher energy costs
The overall increases were slightly less than economists had forecast. U.S. markets leapt higher immediately on the new inflation data.