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Markets in 2 Minutes: Soft US CPI Would See Outsized Reaction
Anna Edwards and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg Markets Today." -------- More on Bloomberg Television and Markets Like this video?
The U.S. Fed has 'very limited space for action,' CIO says
Maurice Gravier, group chief investment officer, wealth management at Emirates NBD, discusses the outlook for U.S. inflation and interest rates.
Powell signals rates to stay higher for longer
U.S. producer prices come in hotter than expected ahead of today's CPI data. Federal Reserve Chairman Jerome Powell says that rates will have to remain elevated for longer.
How to Invest in Options as You Wait for the Fed's Next Move
Most options investors should wait until major economic reports are released to determine how the market views inflation and interest rate prospects.
Bloomberg Markets: Asia 05/15/2024
"Bloomberg Markets: Asia" is the definitive guide to the markets in Hong Kong and on the mainland. Haslinda Amin brings you the latest news and analysis to get you ready for the trading day.
Retail Sales Are Yet Another Test of Consumer Demand. The New Data.
Economists predict April's retail sales will tick up by 0.4% from the previous month.
Hang Seng index is in a bull market helped by these stocks
The Hang Seng index has staged a strong recovery this year as investors bought the dip in Chinese equities. It has moved into a bull market as it jumped by over 28% from its lowest level this year.
We don't know when the short squeeze ends, but it does eventually: Cramer on meme stock resurgence
'Mad Money' host Jim Cramer digs into today's market action and the impact of EV tariffs on U.S. automakers.
Notes From the Desk: All Eyes on Inflation This Week
The Bureau of Labor Statistics will release April CPI data on Wednesday. Consensus calls for an increase of 0.3% in core CPI and 0.4% in headline inflation for the month, corresponding to 3.4% and 3.6...
Inflation will stay elevated unless employment improves: Strategist
The Producer Price Index (PPI) reading came in hotter than expected for the month of April, signaling that inflation remains stubborn. Allspring senior portfolio manager Bryant VanCronkhite joins Mark...
LARRY KUDLOW: Inflation is heating up again
FOX Business host Larry Kudlow calls out President Biden's economic policies as inflation is "heating up again" on "Kudlow."
Bad news is good news for the market again, says Alger's Ankur Crawford
Ankur Crawford, Alger, joins 'Closing Bell' to discuss Google's stock as the company launches new AI tech at its I/O event.
NASDAQ closes at record high
Adam Crisafulli, Vital Knowledge founder, and Luca Paolini, Pictet Asset Management chief strategist, join 'Closing Bell Overtime' to talk the day's market action.
Bulls Look Ready to Rip
The charts say stocks are poised for a new record if Wednesday's combined retail sales and CPI data don't look like stagflation, says OJ.
Investors are suddenly pickier about stocks near record highs as inflation sticks around
Investors suddenly have gotten more picky in the past month about which segments of the stock market they want to buy, as stubborn aspects of inflation keep getting in the way of Federal Reserve inter...
Inflation is going in the wrong direction, adviser says
Recent economic data, such as Tuesday's hotter-than-expected Producer Price Index (PPI) reading, suggest inflation is not moving as swiftly as hoped toward the Federal Reserve's 2% target. Verdence Ca...
Nasdaq Hits Record High Ahead of CPI Data
Meme stocks GameStop and AMC Entertainment surged.
Strong Day for Stocks | What You Missed 5/14
A rally in big tech drove stocks closer to an all-time high as bond yields fell, with traders awaiting key inflation data for clues on the Federal Reserve's next steps. In the run-up to the consumer p...
Nasdaq Closes At All-Time HIgh As Stock Market Rally Resumes
It turns out April showers did bring May flowers for the stock market, as major indexes shook off April's selloff and continued their upward trajectory Tuesday, with the tech-heavy Nasdaq Composite cl...
Economy's soft landing isn't looking as soft anymore, says SoFi's Liz Young
SoFi's Liz Young and JPMorgans' AJ Oden, join 'Closing Bell' to discuss the markets, today's PPI report and the Fed's reaction to the data and what it all means for the Fed's next moves.
Goldman's Kostin Expects Flat Return From Stocks
David Kostin, Goldman Sachs chief US equity strategist, says the stock market will trade around the current level of multiple for the rest of the year during an interview with Sonali Basak on Bloomber...
Financial expert talks investing amid inflation, saving for retirement, and meme stocks
The Producer Price Index (PPI) report for April was hotter than expected, rising 0.5%. Founder and CEO of Lazetta & Associates Lazetta Rainey Braxton joins Wealth!
Small-cap valuations look better than large caps, says market strategist Julie Biel
Julie Biel, Kayne Anderson Rudnick chief market strategist, joins 'Power Lunch' to discuss the markets, the Fed and opportunities in small caps.
PPI Report & the State of Corporate Credit
Stocks are higher after the latest PPI report. Andrew Brenner discusses the April PPI report after it comes in higher than expected.
Fed's Powell says confidence that inflation will slow is 'not as high' as before
Federal Reserve Chair Jerome Powell on Tuesday stressed that central bankers need to be "patient" before cutting interest rates amid still-high inflation.
April CPI unlikely to show much progress on inflation, but it probably didn't get worse
Inflation in the U.S. is still stubbornly high, and the April report on consumer prices is unlikely to show American households or investors getting much relief.
April PPI: Consumer Showing Signs of Fading
April PPI prices rose more than expected. The PPI shows more support for the stagflation narrative which Powell wants to avoid like the plague, notes Rebeca Walser.
Susquehanna's Chris Murphy on trading meme stocks: Remain very short term to avoid volatility
Chris Murphy, co-head of derivatives strategy at Susquehanna International Group, joins CNBC's 'The Exchange' to discuss the recent spike in "meme stocks," other increasing-volatility stocks to watch,...
Klarna CEO: US Consumer Spending Is Holding Up
Buy-Now-Pay-Later firm Klarna is eyeing an IPO in the first quarter of next year, according to reports. This comes on the heels of what's been a busy year for offerings so far.
Jerome Powell urges patience on rate cuts after key inflation index higher than expected
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose more than expected in April.
Fed is committed to moving rates down, adviser says
April's Producer Price Index (PPI) inflation reading came out hotter than expected with core PPI rising 0.5% month-over-month and 2.4% year-over-year. Newton Investment Management Chief Investment Off...
Stock market could suffer ‘ugly' day if April CPI comes in above this level
A May rally has taken the stock market back to the cusp of record territory after last month's pullback — and April inflation data due out Wednesday is widely considered a potential catalyst for eithe...
Explainer: Why are meme stocks rallying again?
GameStop and AMC Entertainment have again captured retail investors' attention, reminiscent of "the meme stock frenzy" that gripped Wall Street three years ago, following social media posts from the l...
Powell on the impact of the Fed's policies on the economy
“I think the overall picture still is policy is working,” Federal Reserve Chair Jerome Powell says about restrictive monetary policy during the annual general meeting of the Foreign Bankers' Associati...
Inflation could go higher if the Fed were to cut rates, data shows
As April's Producer Price Index (PPI) came in higher than expected, Jefferies Senior US Economist Thomas Simons joins The Morning Brief to break down the PPI print and what it signals for the Fed. Sim...
Powell says inflation ‘higher than anybody expected' and his confidence ‘not as high as it was'
(Kitco News) - Federal Reserve Chair Jerome Powell attended a Foreign Bankers' Association event in Amsterdam on Tuesday, which offered him the opportunity to comment on the U.S. economy in general, a...
Poorer Americans beg Fed to cut interest rates amid soaring prices: 'We're trapped'
Lower-earning Americans are practically begging the government to cut interest rates as they struggle to get out of financial hardship, according to a new report.
US dollar index (DXY) sits and waits for US CPI, retail sales data
The US dollar index (DXY) retreated for the second day in a row after a relatively hawkish Jerome Powell statement. It also pulled back ahead of key US economic data like inflation, retail sales, indu...
Here's why UBS' Alli McCartney sees a huge opportunity in semis
Alli McCartney, managing director at UBS Alignment Partners, joins 'Money Movers' to discuss why chips will be a crucial driver for equities going forward, what could happen if inflation moderates, an...
April 2024 PPI: Is the Consumer Backing Off?
PPI for April 2024 came in at 2.2% versus an estimated 2.2% year-over-year. Core PPI came in at 2.4% versus an estimated 2.4% year-over year.
Markets roar back: Why the S&P could hit 5,800, plus the outlook for Big Tech, Japan, and China
Welcome to Episode 7 of Yahoo Finance's Stocks in Translation with Jared Blikre and Sydnee Fried. This week, Jared and Sydnee talk with Evercore senior managing director Rich Ross about his bullish ou...
Why Inflation Is Moving "Sideways"
Adam Posen, president of the Peterson Institute for International Economics, offers his take on April's hotter-than-forecast producer price index reading and explains what he believes the Federal Rese...
Rep. Hill Talks Meme Stocks and Tariffs on China
Arkansas Republican congressman French Hill reacts to traders once again piling into shares of "meme stocks" like GameStop and AMC, as well as President Joe Biden's plan to hike tariffs on a broad ran...
Boaz Weinstein on meme stocks: I don't want any part of it
“I look at it and I don't understand it and I don't want any part of it,” Boaz Weinstein, founder and chief investment officer at Saba Capital Management says about how he sees the resurgence of the m...
Fed's Powell Says Rate Hike Not Likely
Federal Reserve Chair Jerome Powell says he's confident inflation will get down to 2% with the current restrictive monetary policy. Powell speaks at a special event organized by the Netherlands' Forei...
Fed Chair's Confidence in Slowing Inflation Is ‘Not as High' as Before
Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.
Fed's Powell Calls PPI Report 'Quite Mixed'
Federal Reserve Chair Jerome Powell says restrictive rates may take longer to work. Powell speaks at a special event organized by the Netherlands' Foreign Bankers' Association.
Wells Fargo's Sarah House: Next phase of the inflation fight will be harder than earlier phases
Sarah House, Wells Fargo senior economist, joins 'Squawk on the Street' to discuss the latest economic data to cross the tape, when the economy will begin to get benign inflation prints, and more.
'The economy and stock market have never seen anything like this': There's an unprecedented number of recession signs flashing, veteran strategist says
The US economy and stock market are on a clear path to recession, according to Paul Dietrich. The B. Riley Wealth Management CIO pointed to a handful of warning signs that suggest a downturn is on the...
Powell Says Policy Rate Is Restrictive By Many Measures
Fed Chair does not think it's likely that the next move is a rate hike.