Tariffs, inflation
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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.
More: Trump says trade deal with China is 'done;' aides tout 'framework' deal. Economic news. The May inflation reading reflected the first full month of price data since Trump an
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.
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.
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
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 CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis.
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.
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,
Thursday’s Forbes Daily newsletter covers latest on Boeing plane crash in India, May inflation, trade deal with China, the Global 2000 list of valuable companies & more.