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Trading Day: Inflation palpitations

Trading Day: Inflation palpitations

By Jamie McGeever ORLANDO, Florida, Sept 10 (Reuters) - Global bond yields leaped to multi-year highs and U.S. and European stocks slumped on Thursday, as oil surged above $100 a barrel on the prospect of prolonged conflict in the Middle East. U.S.
ReutersReuters
S&P 500 ends down as Treasury yields rise and traders fret about inflation

S&P 500 ends down as Treasury yields rise and traders fret about inflation

By Noel Randewich and Niket Nishant Sept 10 (Reuters) - U.S. stocks ended down on Thursday after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made stocks less attractive.
ReutersReuters
Wall St climbs after August inflation report, oil price slide

Wall St climbs after August inflation report, oil price slide

By Tharuniyaa Lakshmi Sept 11 (Reuters) - The main U.S. stock indexes rose on Friday, putting them on track to end a rough week on a positive note, even as data showed consumer prices accelerated in August.
ReutersReuters
Bonds, stocks selloff pauses as oil retreats from multi-month high

Bonds, stocks selloff pauses as oil retreats from multi-month high

By Samuel Indyk and Stella Qiu LONDON, Sept 11 (Reuters) - A selloff in global bond and equity markets took a breather on Friday as oil prices retreated from a four-month high, though the recent surge in energy costs continued to fuel inflation worries and expectations that central banks may need to
Detroit Free PressDetroit Free Press
Michigan's 9/11 legacies: 16 terrorism victims with ties to the state

Michigan's 9/11 legacies: 16 terrorism victims with ties to the state

A look at 16 people with significant ties to Michigan who died in the Sept. 11 terror attacks.
ReutersReuters
Bonds, stocks selloff pauses as oil falls; pivotal CPI report due

Bonds, stocks selloff pauses as oil falls; pivotal CPI report due

By Samuel Indyk and Stella Qiu LONDON, Sept 11 (Reuters) - A selloff in global bond and equity markets paused on Friday as oil prices retreated from a four-month high, though the recent surge in energy costs continued to fuel inflation worries and expectations that central banks may need to tighten
ReutersReuters
US consumer prices accelerate in August, push Fed closer to rate hike

US consumer prices accelerate in August, push Fed closer to rate hike

By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing expectations that the Federal Reserve will raise interest rates next week.
ReutersReuters
Wall Street rallies as strong inflation data cements rate-hike bets

Wall Street rallies as strong inflation data cements rate-hike bets

By Noel Randewich and Tharuniyaa Lakshmi Sept 11 (Reuters) - Wall Street rallied on Friday as oil prices retreated and strong consumer price data reinforced expectations the Federal Reserve will raise interest rates next week to fight inflation. Dell soared 11% to a record high.
ReutersReuters
Lenders say show me the money as bond carnage spreads

Lenders say show me the money as bond carnage spreads

(Refiles to make clear that Trump promised to give money to every American adult in paragraph 1 not just Republican voters) A look at the day ahead in European and global markets from Stella Qiu Perhaps promising to borrow $1.3 trillion to give to every American adult if your party keeps control of
AP NewsAP News
Inflation report lands in a time of spiking oil prices, rising interest rates and Fed on fence

Inflation report lands in a time of spiking oil prices, rising interest rates and Fed on fence

Friday’s inflation report is shaping up to be among the most consequential in years
AP NewsAP News
Inflation report lands amid spiking oil prices, rising interest rates and Fed on fence

Inflation report lands amid spiking oil prices, rising interest rates and Fed on fence

Friday’s inflation report is shaping up to be among the most consequential in years
Detroit Free PressDetroit Free Press
No matter what you drive, record high diesel prices are costing you

No matter what you drive, record high diesel prices are costing you

Whether you are filling up with diesel or not, you are indirectly paying the increased fuel cost.