Stocks Narrowly Mixed As US PPI and CPI Reports Approach

Monday, 12 August 2024, 07:05

Stocks are narrowly mixed as the US PPI and CPI reports for the week approach. The S&P 500 Index is up +0.11%, while the Dow Jones falls -0.22%. Market participants are eagerly awaiting economic indicators that could shape investor sentiment.
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Stocks Narrowly Mixed As US PPI and CPI Reports Approach

Market Overview

The S&P 500 Index ($SPX) (SPY) today is up +0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.12%. US stocks today are seeing...

Upcoming Economic Reports

Investors are awaiting the upcoming US PPI and CPI reports, which are anticipated to provide critical insights into inflation trends. These economic indicators are vital for gauging the federal reserve's monetary policy direction.

  • Key Focus: Inflation data
  • Market Sentiment: Cautious ahead of reports

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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