CPI

The SPDR S&P 500 (NYSE: SPY) is moving higher Thursday morning after the Labor Department reported a 7.7% year-over-year increase in the consumer price index for October. What Happened: The headline CPI rose 7.7% in October, down from 8.2% in September, according to data from the...

Prominent market commentator Jim Cramer has said growth stocks could witness another beating if the October consumer price index reading indicates inflation is still running rampant, reported CNBC. “If we get a steaming hot CPI reading, you’re going to see more horror on your screen, so...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.7% on Wednesday morning ahead of a critical consumer price index (CPI) inflation reading on Thursday morning. Economists are expecting the U.S. Labor Department to report 8% CPI inflation in October, down from 8.2% in September and a peak...

While consumer price index data in 2022 has been showing rent prices accelerating, Zillow Group Inc. (NASDAQ: Z) is reporting that a decline in rent inflation for 2023 can already be forecasted. In the last Fed meeting ending on Nov. 2, chairman of the Federal Reserve Jerome Powell said,...

In October, buying conditions for durables climbed to 23% as prices and supply constraints eased. Consumer durables typically last more than three years, and the easing price conditions can help prop up firms such as YETI Holdings Inc (NYSE: YETI) and Apple Inc (NASDAQ: AAPL) as the...

The major real estate investment trusts (REITs) started to rally after the Oct. 13, 2022, consumer price index report from the U. S. Bureau of Labor Statistics, despite the slightly hotter-than-expected September inflation number of 8.2% year-over-year figure versus the expected 8.1% year-over-year...

On today's (Oct. 13) episode of the "Stock Market Movers," host Mitch Hoch spoke to Thomas Hayes, chairman and managing member at Great Hill Capital, about today's consumer price index (CPI) data and what it means for the Federal Reserve's rate hikes and inflation....

Many were surprised to see the markets turn positive on Thursday after the Labor Department reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE: SPY) tumbling lower in premarket trading. But Thursday...

According to consumer price index data provided by the U.S. Bureau of Labor Statistics (BLS) on Thursday, the used car and truck index showed a 1.1% decline, coming in at 7.2% following a 0.1% decline in August. This is the largest drop in the used car and truck index since March of this year. The...

The latest Consumer Price Index data shows that gasoline prices fell nearly 5% in September, but fuel costs are still up more than all other categories since last year. Despite airlines continuing to offset rising fuel costs with higher fares, demand isn't...

The Labor Department on Thursday reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE: SPY) tumbling lower.  What Happened: The headline CPI rose 8.2% in September, down from 8.3% in August...

The Consumer Price Index (CPI) data for September will be reported on Oct. 13 by the U.S. The Bureau of Labor Statistics. Analysts at JPMorgan Chase & Co and former U.S. Secretary of the Treasury Larry Summers weighed in on what is happening and what could happen. Why It Matters: This...

The release on Oct. 13 of the consumer price index report (CPI) from the U. S. Bureau of Labor Statistics is a big deal for real estate investment trusts (REITs).  That’s because of how interest-rate-sensitive most of them are. If the CPI shows greater inflation than expected, the...

On Thursday's (Oct. 6) episode of the "Stock Market Movers," host Mitch Hoch spoke to JoAnne Feeney, ACM, portfolio manager and partner at Advisors Capital Management, about the upcoming earnings season. Stock Market Movers is all about covering the top stock market headlines on the...

After the headline Consumer Price Index (CPI) rose 8.3% in August, down from 8.5% in July, the SPDR S&P 500 (NYSE: SPY) started trending lower, heading towards June's lows. Although inflation has shown signs of weakening on the energy front as the energy index has declined by 9.6% in the...