Investors shrugged off a hawkish Fed and hot PPI
Jerome Powell, chairman of the US Federal Reserve, during a roundtable event in York, Pennsylvania, US, on Monday, Oct. 2, 2023. Ryan Collerd | Bloomberg | Getty Images This report …
Producer prices
PPI September2023: Wholesale inflation rose 0.5%
A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The producer price index, which measures costs for finished goods that …
Markets have a new narrative
An oil pumpjack pulls oil from the Permian Basin oil field on March 14, 2022 in Odessa, Texas. Joe Raedle | Getty Images This report is from today’s CNBC Daily …
There’s a new narrative in markets
Drilling rigs sit unused on a companies lot located in the Permian Basin area on March 13, 2022 in Odessa, Texas. Joe Raedle | Getty Images News | Getty Images …