Stocks decline on hotter PPI report
Following Tuesday’s higher CPI report, data this morning showed that wholesale inflation was more stubborn than hoped, reinforcing concerns that the Fed’s 2% inflation target remains elusive.
Read MoreFollowing Tuesday’s higher CPI report, data this morning showed that wholesale inflation was more stubborn than hoped, reinforcing concerns that the Fed’s 2% inflation target remains elusive.
Read MoreBullish retail sentiment took a turn lower in the latest survey; however, bearish sentiment was little changed.
Read MoreFor the second month, inflation data on the wholesale level was hotter than expected.
Read MoreHere are the closing levels for our four tactical indicators over the past five sessions:
Read MoreS&P equity futures are trading above the prior close. European equity markets are mostly higher at this time, and Asian markets were mixed overnight. Treasuries are unchanged to slightly…
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