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Wall Street mixed as inflation worries linger

(Reuters) -Wall Street's main indexes were mixed on Friday as investors digested hot inflation data that caused a sharp selloff in the previous session on fears about quicker interest rate hikes. Eight of the 11 major S&P 500 indexes advanced, with energy stocks rising 1.8%, helped by an uptick in crude prices after the International Energy Agency (IEA) said oil markets were tight. Banks also rose 0.9%, but technology and consumer discretionary indexes, which include some high-growth...
New York United States James Bullard Bansari Mayur Kamdar Seeema Shah Maju Samuel
Source: aol.com

Wall Street mixed as inflation worries linger

(Reuters) -Wall Street's main indexes were mixed on Friday as investors digested hot inflation data that caused a sharp selloff in the previous session on fears about quicker interest rate hikes. Eight of the 11 major S&P 500 indexes advanced, with energy stocks rising 1.8%, helped by an uptick in crude prices after the International Energy Agency (IEA) said oil markets were tight. Banks also rose 0.9%, but technology and consumer discretionary indexes, which include some high-growth...
New York United States James Bullard Bansari Mayur Kamdar Seeema Shah Maju Samuel
Source: aol.com

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