S&P 500 steadies as traders await CPI data and Powell's testimony. Inflation risks and Trump's tariffs add uncertainty to the stock market outlook.
Kevin Green shows how the MACD shows bearish signs heading into Wednesday morning's CPI print. That data can lead to a breakout or breakdown as the SPX trades near 6,100, a resistance level proven to be a challenge for the index.
Medtronic's strong liquidity position should allow it to meet its near-term debt obligations.
There's no guarantee that a cut is coming, but more soft economic data may eventually prod the Fed to be convinced to follow its own dot-plot from late last year.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
CPI Comes in Slightly Warmer Than Expected.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
CPI came in-line with Wall Street's expectations, and the markets appeared to favor the numbers it saw. Jenny Horne breaks down the inflation trends she sees in the report.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Gold edged lower in the early Asian session ahead of U.S. CPI data due later today.
Consumer Price data joins Big Banks reporting Q4 results ahead of Hump Day market activity.