Food prices also spiked. Energy prices surged due to diesel, jet fuel, and industrial electric power. Ugly all around. By Wolf Richter for WOLF STREET. In another inflation shocker – services again! – the Producer Price Index Final Demand for Services exploded by 1.08% in July from June (+13.8% annualized!), the worst since March 2022 when inflation was peaking (blue in the chart). …
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Bitcoin, Ethereum Fall as PPI Shock Squashes Hopes for Jumbo Rate Cut
In brief Bitcoin’s price fell Thursday following a hotter-than-expected PPI report. Producer prices rose 0.9% in July, the largest monthly increase in over three years. Traders abandoned the prospect of a 50-basis-point rate cut. Bitcoin and other cryptocurrencies slipped on Thursday after rising producer prices blunted rate-cut hopes, and U.S. Treasury Secretary Scott Bessent said the government wouldn’t start cutting …
Read More »US Stocks Fall as Hotter-Than-Expected PPI Halts Record Run – Bloomberg.com
US Stocks Fall as Hotter-Than-Expected PPI Halts Record Run Bloomberg.comView Full Coverage on Google News Source link
Read More »Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off. – MarketWatch
Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off. MarketWatch S&P 500 ekes out a third day of gains as traders shake off a hot inflation report: Live updates CNBC Hot U.S. inflation data rattles global bond markets Reuters Stock Rally Hits a Wall as US Inflation Picks Up: Markets Wrap Bloomberg.com Stock Market News From Aug. 14, …
Read More »Stock Market Today: S&P 500 logs fresh record, Dow and Nasdaq end lower following hot PPI reading; small caps decline – MarketWatch
Stock Market Today: S&P 500 logs fresh record, Dow and Nasdaq end lower following hot PPI reading; small caps decline MarketWatch S&P 500 ekes out a third day of gains as traders shake off a hot inflation report: Live updates CNBC Hot U.S. inflation data rattles global bond markets Reuters Stock Market Today: S&P 500 Ekes Out Record After Hot PPI Report Barron’s Bond …
Read More »US Treasuries Fall as Traders Pare Fed Rate-Cut Bets After PPI – Bloomberg.com
US Treasuries Fall as Traders Pare Fed Rate-Cut Bets After PPI Bloomberg.com Treasury yields increase after hot producer prices number CNBC Stock Market Today: Dow, S&P 500 Fall; Nasdaq Wavers After PPI Inflation Report; Bullish, Nvidia, AMD, More Movers Barron’s Hot U.S. inflation data rattles global bond markets Reuters Stocks Are Mixed After Hot PPI Report Barchart.com Source link
Read More »Dow, S&P 500 Fall; Nasdaq Wavers After PPI Inflation Report; Bullish, Nvidia, AMD, More Movers
The stock market is back where it started. The S&P 500 was down 0.1% after getting its head above water for a few gasps of air. The Nasdaq Composite was moving in and out of positive territory. The Dow was down 140 points, or 0.3%. So what happened? First of all, the S&P and Nasdaq were never really rallying, just …
Read More »Wholesale prices are flat in June, PPI shows, and point to muted effect of tariffs on inflation – MarketWatch
Wholesale prices are flat in June, PPI shows, and point to muted effect of tariffs on inflation MarketWatchView Full Coverage on Google News Source link
Read More »PPI inflation report June 2025
People shop at a Manhattan retail store on July 15, 2025 in New York City. Spencer Platt | Getty Images A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The producer price index was flat, according to seasonally adjusted numbers from the Bureau of …
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