Stocks are unchanged after latest U.S. inflation data: Live updates
Publishing timestamp: 2024-05-14 13:19:00
Summary
Stocks were unchanged as traders awaited clarity on Federal Reserve policy after higher-than-expected producer price index reading for April. GameStop and AMC shares soared, while On Holding had a strong day. Energy sector underperformed, credit card default rates hit 13-year high, and Softbank Group Corp posted annual gain. Utilities are gaining popularity due to AI excitement.
Sentiment: MIXED
Tickers: NDAQ, .DJI, XLU, .IXIC, @DJ.1, BABA, COPX, RDDT, 9984.T-JP, XLK, HOOD, @SP.1, US10Y, AMC, GME, VOD, .SPX, HD, MPC, @ND.1, 8601.T-JP, 8304.T-JP, SONY, @W.1,
Keywords: s&p 500 index, nasdaq composite, dow jones industrial average, breaking news: markets, gamestop corp, dow jones fut (mar'23), business news, stock markets, nasdaq 100 fut (mar'23), united states, nasdaq inc, s&p 500 fut (mar'23), home depot inc, u.s. 10 year treasury, markets,
Source: https://www.cnbc.com/2024/05/13/stock-market-today-live-updates.html