The Latest Breaking News from Inflation

Shares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month

Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut next month but worries over the next Trump administration continued to cloud optimism.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.16%. Stocks on Wednesday settled mixed. The overall market found support from the as-expected US...

Stocks gave up early gains as waning consumer price inflation leaves rate-cut bets essentially unchanged.

The dollar index (DXY00 ) Wednesday rose by +0.41% and posted a 1-year high. The dollar index Wednesday recovered from early losses and turned higher as it extended the post-election rally on speculation that T-note yields will increase as inflation increases due to President-elect Trump’s pro-tariff policies. The dollar Wednesday...

Mexican Economy Secretary Marcelo Ebrard warned that retaliatory tariffs could rekindle inflation in the U.S.

The FTSE 100 was declining during the day but managed to gain 4.56 points late in the afternoon to close at 8,030.33.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.32%. Stocks today are mixed. The broader market initially moved higher today after US October...

The dollar index (DXY00 ) today is up by +0.43% at a 6-3/4 month high. The dollar index today recovered from early losses and turned higher as it extends the post-election rally on speculation that T-note yields will increase as inflation increases due to President-elect Trump’s pro-tariff policies. The dollar...

Paul Krugman, a Nobel Prize winner, said that inflation helped Trump get to the White House and, ironically, his economic program is set to be inflationary

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. Stock index futures recovered from overnight losses and are mixed. The broader market is...