CNBC Daily Open: Can't shake off stubborn inflation
Publishing timestamp: 2024-01-12 02:30:02
Summary
U.S. consumer prices increased more than expected in December, driven by higher shelter costs. U.S. stocks ended flat due to the inflation data. China's annual exports fell for the first time in seven years. Bitcoin ETFs made their debut, sparking excitement in the market.
Sentiment: MIXED
Tickers: .N225, .SPX, .IXIC, MKS-GB, WFC, C, GOOGL, .STOXX, .DJI, JPM,
Keywords: world markets, united states, nasdaq composite, stoxx 600, jpmorgan drn, inflation, banks, citigroup inc, s&p 500 index, dow jones industrial average, grayscale bitcoin trust (btc), markets, ishares bitcoin trust, alphabet inc, prices, consumer prices, wells fargo & co, business news, nikkei 225 index, marks and spencer group plc,
Source: https://www.cnbc.com/2024/01/12/stock-markets-cant-shake-off-stubborn-inflation-.html