US Inflation Hits Highest In 13 Years in May
U.S. consumer prices rose 5% year-on-year in May, according to data released by the labor department.
Experts React To 5% CPI Inflation, Highest Since 2008
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.5% on Thursday morning after the Labor Department reported a 5% increase in the consumer price index in the month of May, the fastest inflation growth since the summer of 2008.
Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Down 1, U.S. Oil Rigs Up 3.
(NYSE:USO) Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Down 1, U.S. Oil Rigs Up 3.
Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Down 1, U.S. Oil Rigs Up 0.
(NYSE:USO) Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Down 1, U.S. Oil Rigs Up 0.
USA Factory Orders Ex-Transportation (MoM) for Apr 0.500% vs 1.700% Prior
USA Factory Orders Ex-Transportation (MoM) for Apr 0.500% vs 1.700% prior reading.
USA Factory Orders (MoM) for Apr (0.600)% vs (0.200) Est; Prior 1.100%
USA Factory Orders (MoM) for Apr (0.600)% vs (0.200) consensus estimate. The prior reading was 1.100%.
USA Unemployment Rate for May 5.800% vs 5.900% Est; Prior 6.100%
USA Unemployment Rate for May 5.800% vs 5.900% consensus estimate. The prior reading was 6.100%.