Tariffs, inflation
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Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China.
The S&P 500 posted a 0.27% decline on Wednesday as investors weighed Trump’s scant-on-details trade deal with China as well as an inflation report that outperformed analysts’ expectations. The stock markets dropped on Wednesday despite a seemingly positive development in the trade war between the U.
The U.S. dollar slid on Wednesday after data showed inflation in the world's largest economy rose less than expected last month, suggesting that the Federal Reserve could resume cutting interest rates sooner rather than later.
US stocks inched higher Wednesday morning following news of progress on a trade deal with China and inflation data that remained largely in check despite President Trump’s tariffs. The Dow Jones Industrial Average ticked up 133 points, or 0.3%, at 10:33 a.m. ET.
This week will bring consumer-price index and producer-price index data from May, providing new readings on inflation and how prices have changed as a result of tariff policies. Meanwhile, Apple is ho
By Lawrence Delevingne and Lawrence White (Reuters) -Wall Street stocks gained and the dollar and U.S. Treasury yields dipped on Wednesday after President Donald Trump said a U.S.-China trade deal was "done" and a fresh report on U.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices declined for fourth month
In addition to inflation and US-China trade, a key bond auction is on investors' radar. A $22 billion sale of 30-year bonds is scheduled for Thursday.
Gold prices rose on Wednesday, helped by cooler-than-expected U.S. inflation numbers, strengthening investor expectations that the Federal Reserve would start cutting interest rates by September.
The latest Consumer Price Index report showed inflation rose slightly to 2.4%. Meanwhile, Trump said the U.S. and China have reached a trade framework. Follow along for live updates on the Dow, S&P 500,