Stock market today: Dow, S&P 500, Nasdaq fall after PPI inflation comes in hot ahead of Fed decision
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq fall after PPI inflation comes in hot ahead of Fed decision US stocks turned lower on Wednesday after the latest reading on prices pointed to accelerating inflation as investors waited for the Federal Reserve’s latest policy decision…
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Nearly 30 percent of the February rise in the index for processed goods for intermediate demand can be traced to prices for diesel fuel, which increased 13.9 percent
60% confidenceEuropean and Asian partners are reluctant to send warships to help reopen Strait of Hormuz, with governments questioning whether a handful of ships would make any difference against Iran's ability to threaten vessels
60% confidenceNearly 30 percent of the February rise in the index for processed goods for intermediate demand can be traced to prices for diesel fuel, which increased 13.9 percent
60% confidenceBloomingdale's performance underscores its ability to elevate customer experience and capture demand across premium contemporary to luxury businesses
60% confidenceAt Macy's, we are offering more relevant brands, stronger storytelling and investing in our colleagues so we can better serve the customer
60% confidenceLooking to 2026 and beyond, we are ready to build on our progress
60% confidenceExcluding food and energy, producer prices advanced 0.5% over the previous month, outpacing 0.3% expected but below prior month's 0.8% gain
60% confidenceFutures market could be significantly lagging reality based on $55 spread between Dubai spot prices and Brent futures
60% confidenceThe US and Israel struck the massive offshore South Pars gas field, which Iran shares with Qatar
60% confidenceIran confirmed the killing of Ali Larijani but said its leadership remains strong and committed to keeping Strait of Hormuz closed
60% confidenceNearly 30 percent of the February rise in the index for processed goods for intermediate demand can be traced to prices for diesel fuel, which increased 13.9 percent
60% confidenceThe US and Israel struck the South Pars gas field, but Iran did not elaborate beyond saying the field was hit by airstrikes
60% confidenceNvidia will use both copper and optical networking
60% confidenceSixty percent of the February advance is attributable to a 5.5-percent jump in prices for processed energy goods
60% confidenceProducer prices rose 0.7% month-over-month in February, up from January's 0.5% and more than double economists' expectations of 0.3%
60% confidenceIt could take several weeks to secure the Strait of Hormuz
60% confidenceSpot prices for Dubai and Oman oil grades are trading around $158 per barrel, roughly $55 above benchmark Brent futures, suggesting futures market could be significantly lagging reality
60% confidenceIt could take several weeks to secure the Strait of Hormuz
60% confidenceSpot prices for Dubai and Oman oil grades are trading around $158 per barrel, roughly $55 above the benchmark Brent futures contract, suggesting that the futures market could be significantly lagging reality
60% confidenceAt Macy's, we are offering more relevant brands, stronger storytelling and investing in our colleagues so we can better serve the customer
60% confidenceThe index for processed goods for intermediate demand marked the largest monthly increase since gaining 2% in August 2023
60% confidenceIran's leadership remains strong and committed to keeping the Strait of Hormuz closed
60% confidenceBloomingdale's nearly 10% same-store sales growth underscores its ability to elevate customer experience and capture demand across premium contemporary to luxury businesses
60% confidenceOfficials say additional navies would add little beyond the substantial US presence already in the region
60% confidenceUntil we've neutralized Iran's layered, asymmetric capabilities — mines, fast attack craft, submarines and drones — we won't want to put commercial or even escort ships through
60% confidenceSixty percent of the February advance is attributable to a 5.5-percent jump in prices for processed energy goods
60% confidenceThe index for processed goods for intermediate demand, up 1.6% in February, marked the largest monthly increase since gaining 2% in August 2023
60% confidenceUS producer prices rose 0.7% month-over-month in February, up from January's 0.5%
60% confidenceAt Macy's, we are offering more relevant brands, stronger storytelling and investing in our colleagues so we can better serve the customer
60% confidenceIran's leadership remains strong and committed to keeping the Strait of Hormuz closed
60% confidence