Stock Market Today: Stocks Chop Ahead of PPI, Powell Speech
[ad_1]
Stocks were choppy Monday as investors looked ahead to a busy week of economic news. In addition to an appearance from Federal Reserve Chair Jerome Powell, investors will get key inflation updates, starting with tomorrow morning’s release of the Producer Price Index.
Recent hotter-than-expected economic reports have pushed back expectations on the Fed’s rate-cut plans. However, last Friday’s weak jobs report was just the sort of bad-news-is-good-news data investors were looking for.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more – straight to your e-mail.
Profit and prosper with the best of expert advice – straight to your e-mail.
GameStop races higher as Roaring Kitty returns
Jefferies thinks Nvidia can rally another 33%
Related content
To continue reading this article
please register for free
This is different from signing in to your print subscription
Why am I seeing this? Find out more here
[ad_2]
Read More: Stock Market Today: Stocks Chop Ahead of PPI, Powell Speech