Stocks are little changed to start the week as inflation expectations increase: Live updates
Publishing timestamp: 2024-05-13 13:40:39
Summary
Stocks were little changed as traders grappled with rising inflation expectations. GameStop shares soared after "Roaring Kitty" posted online. Xponential Fitness shares tumbled after top executive was suspended. Morgan Stanley sees inflation moving lower this year. China plans to sell ultra-long-term bonds. Shein is boosting preparations to go public in London. China's consumer prices rose faster than expected. Wednesday's consumer price index report will give insight into Federal Reserve's monetary policy. Stock futures were little changed on Sunday.
Sentiment: MIXED
Tickers: DJT, @SP.1, .DJI, NVDA, .FTSE, .FTMIB, GME, @DJ.1, XPOF, .FCHI, .IXIC, .GDAXI, WBA, HOOD, ARM, @ND.1, RDDT, .SPX, AMC,
Keywords: economy, united states, business news, markets, stock markets, nasdaq 100 fut (mar'23), dow jones fut (mar'23), breaking news: markets, s&p 500 fut (mar'23), gamestop corp, s&p 500 index, nasdaq composite, dow jones industrial average,
Source: https://www.cnbc.com/2024/05/12/stock-market-news-for-may-12-2024.html