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Treasuries Wobbly Amid Mixed Data in Run-Up To PPI: Markets Wrap

(Bloomberg) — Wall Street traders looked past mixed economic data, sending stocks and bonds higher before an inflation reading that will help define the Federal Reserve’s next steps. The S&P 500 approached another all-time high — despite losses in its most-influential group: technology. A drop in retail sales helped soothe investors’ nerves about an overheated…
United States New York San Francisco United Kingdom Larry Tentarelli Jessica Menton

Wall Street Looks Past Inflation Angst Before PPI: Markets Wrap

(Bloomberg) — Wall Street traders looked past mixed economic data, sending stocks and bonds higher before an inflation reading that will help define the Federal Reserve’s next steps. The S&P 500 hit another record — despite losses in its most-influential group: technology. A drop in retail sales helped soothe investors’ nerves about overheated consumer demand…
United States New York United Kingdom San Francisco Michael Barr Chris Larkin

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