USA Durable Goods Orders (MoM) for Jan 1.600% vs 0.800% Est; Prior Revised from (0.700)% to 1.200%
USA Durable Goods Orders (MoM) for Jan 1.600% vs 0.800% consensus estimate. The prior reading was revised from an initial (0.700)% to 1.200%.
USA New Home Sales for Jan 806.000K vs 806.000K Est; Prior 811.000K
USA New Home Sales for Jan 806.000 thousand vs 806.000 thousand consensus estimate. The prior reading was 811.000 thousand.
USA Retail Sales (MoM) for Jan 3.800% vs 2.000% Est; Prior (1.900)%
USA Retail Sales (MoM) for Jan 3.800% vs 2.000% consensus estimate. The prior reading was (1.900)%.
What 9.7% PPI Inflation Means For Investors
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Tuesday after the U.S. Labor Department reported a 9.7% increase in the producer price index in the month of January, far outpacing economist expectations.
USA NY Empire State Manufacturing Index for Feb 3.100 vs 12.150 Est; Prior (0.700)
USA NY Empire State Manufacturing Index for Feb 3.100 vs 12.150 consensus estimate. The prior reading was (0.700).
BZ Chart Of The Day: Is Inflation Even Worse Than Wall Street Thinks?
Inflation is bad. It has worried investors and brought sellers into the market.
Many stocks are significantly lower than their recent highs, but unfortunately, it may be worse than the experts think.
‘Another Surprise Jump’: Experts React To 7.5% CPI Inflation, Highest Since 1982
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.3% on Thursday morning after the Labor Department reported a 7.5% increase in the consumer price index in the month of January, the fastest inflation growth since 1982.