Econ #s - Spark Newswire

2 minute read

Inflation Slows Significantly In November, Sending Stocks Higher: What You Need To Know

Today, 6:19 AM

The SPDR S&P 500 (NYSE: SPY) is moving higher Tuesday morning after the Labor Department reported a 7.1% year-over-year increase in the consumer price index for November.

SPY

1 minute read

USA CPI (YoY) for Nov 7.100% vs 7.300% Est; Prior 7.700%

By Benzinga Newsdesk

Today, 6:19 AM

USA CPI (YoY) for Nov 7.100% vs 7.300% consensus estimate. The prior reading was 7.700%.

SPY

2 minute read

Mastercard Says Inflation Has Peaked, But A Return To Pre-Pandemic Levels Will Take Years: What You Need To Know Right Now

By Adam Eckert

Today, 6:19 AM

Even if inflation has peaked, it's still well above pre-Covid levels and one economist is warning that it could remain elevated for a lot longer than most are hoping.

2 minute read

What 7.4% PPI Inflation Means For Investors: ‘It Is Likely The Fed Will Move Ahead With Their Plans’

By Wayne Duggan

Today, 6:19 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations.

SPY

1 minute read

U.S. EIA Cuts Forecast For 2023 World Oil Demand Growth By 160,000 Barrels/Day, Now Sees 1M Barrels/Day YoY Increase

By Benzinga Newsdesk

Today, 6:19 AM

-Reuters

USO

3 minute read

Will Putin Adhere To G7 Price Cap? EU To Face Tough Year Filling Oil, Gas Reserves

By Robert Kuczmarski

Today, 6:19 AM

Until the Russia-Ukraine War, the European Union (EU) relied on Russia for roughly 39.2% of its natural gas supply.

LNG

2 minute read

‘Eye-Popping For The Fed’: 5 Experts React To November Jobs Report, What It Means For Interest Rates

By Wayne Duggan

Today, 6:19 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from November.

APTV

1 minute read

US Adds 263,000 Jobs In November As Labor Market Stays Hot Despite Fed Hikes

By Wayne Duggan

Today, 6:19 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday morning after the Labor Department reported strong U.S.

SPY

1 minute read

USA Natural Gas Storage BCF(81.000B) vs BCF(84.000) Est; Prior BCF(80.000)

By Benzinga Newsdesk

Today, 6:19 AM

USA Natural Gas Storage BCF(81.000 billion) vs BCF(84.000) consensus estimate. The prior reading was BCF(80.000).

UNG

2 minute read

The Federal Reserve’s Preferred Inflation Data Just Cooled And Risk Assets Are Flying: What’s The Fed’s Next Move?

By Adam Eckert

Today, 6:19 AM

The SPDR S&P 500 (NYSE: SPY) is on the rise Thursday morning after the Bureau of Economic Analysis reported a 6% increase in the personal consumption expenditures price index in October.

QQQ