Disney's Streaming Fuels Optimism; PPI Data May Forecast Fed's Next Steps
Disney's streaming surge boosts revenue despite traditional TV declines, while Advance Auto reports sales drop and strategic restructuring for growth.
Astoria Advisors Talks Quality Growth Investing
Long-time ETF industry veteran and CEO and CIO of Astoria Advisors, John Davi, launched his firm's third ETF at the start of October. The Astoria US Quality Growth Kings ETF (GQQQ) joined the $145 million Astoria US Equal Weight Quality Kings ETF (ROE) and the $65 million AXS Astoria Inflation Sensitive ETF (PPI).
PPI Inflation Flat for September; JPM and WFC Beat on Q3 Earnings
Year-over-year PPI has been the low water mark for inflation levels going back several months, and today shows a +1.8% for September.
Core PPI Rises 0.2% In September, In Line With Analyst Consensus
On a year-over-year basis, Core PPI exceeded analyst estimates.
Gold prices steady as U.S. PPI is moderate in September
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Wall Street On Backfoot As PPI Print, JPMorgan Earnings Loom: This Strategist Expects Positive Market Performance, But With Muted Returns
U.S. index futures point to a modestly lower opening on Friday as traders hope for better tidings on the wholesale prices front. Thursday's slightly hotter-than-expected consumer price inflation data kept sentiment subdued throughout the session before the major averages closed modestly lower.
Core PPI Increased More Than Expected
More economic data is out this week this morning, among them the sister report to yesterday's CPI number: the Producer Price Index (PPI). Look at this as the wholesale print on inflation, whereas the CPI reports retail inflation.
Spot gold rallies above $2,525 per ounce as U.S. PPI is mixed in August
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold modestly up following tame U.S. PPI; CPI on deck
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.
PPI Increased Less Than Expected/Core PPI Unchanged
Pre-market futures are up this morning, and bond yield rates are down. These are exactly the sorts of things we like to see, with an added bonus of the 2-year/10-year inverted yield curve now separated by fewer than 10 basis points (bps).
Spot gold rallies above $2,470 per ounce as U.S. PPI improves in July
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Markets Await PPI/Core PPI Data
It was a noisy week of trading last week. At one point, the tech-heavy Nasdaq was down nearly -2.9% mid-week, only to see a turnaround into the green across the board with a strong session Friday.
