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US stocks mostly up after data shows slightly lower inflation in July
AFP3d agoneutral
US stocks mostly up after data shows slightly lower inflation in July

Wall Street stocks mostly gained following slightly better US consumer pricing data but an uptick in Treasury bond yields suggested lingering unease about inflation.But yields on the 10- and 30-year US Treasury bonds climbed after the federal consumer price index (CPI) report, showing "market participants are still looking for inflation to continue," said Briefing.com analyst Patrick O'Hare.

What's going on with the state of consumer prices?
Yahoo Finance Video3d agoneutralVIDEO
What's going on with the state of consumer prices?

Yahoo Finance Breaking News Reporter Jake Conley and Tech Editor Dan Howley join Julie Hyman on Morning Brief to discuss the state of consumer prices on the heels of the Consumer Price Index print released today. Prices rose 0.1% month over month and 3.4% year over year in July, and Core CPI — which excludes food and energy costs — rose 0.2% monthly and 2.5% yearly. All numbers matched economists' estimates.

Wall Street Likes the Latest Inflation Report
The Wall Street Journal3d agoneutral
Wall Street Likes the Latest Inflation Report

Stock futures edged higher in premarket trading, with futures tied to the Nasdaq up almost 1%. “It’s a step in the right direction,” said Mona Mahajan, head of investment strategy at Edward Jones. There’s “no re-acceleration in inflation, which is what we’d want to see.

Bloomberg3d agoneutral
US Core Inflation Comes in Subdued, Easing Pressure on Fed

(Bloomberg) -- Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates.Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostTata Sons Chairman to Step Down, Deepening Leadership TurmoilFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPakistan Says Deal Is Close Even as Iran, US Harden StancesThe consumer price index, excludi

Here Are Wednesday’s Top Wall Street Analyst Research Calls: The Gap, Genmab, Hilton Worldwide, Intuitive Surgical, Mariott International, Merck, Novo Nordisk, Okta, and More
24/7 Wall St.3d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: The Gap, Genmab, Hilton Worldwide, Intuitive Surgical, Mariott International, Merck, Novo Nordisk, Okta, and More

With CPI dropping at 8:30 AM and the Strait of Hormuz near shutdown, Wall Street faces a pivotal morning that could swing stocks sharply in either direction, and analysts at Deutsche Bank, Oppenheimer, Berenberg, and others are already repositioning ahead of the numbers.