Oil gains after US, UK strike on Houthis; U.S. yields falls after PPI
* U.S. stocks down in afternoon trade * 10-year Treasury yield eases * Data shows U.S. producer price unexpectedly fall...
Source: marketscreener.com
Stay updated with breaking news from Jeffrey Roach. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
* U.S. stocks down in afternoon trade * 10-year Treasury yield eases * Data shows U.S. producer price unexpectedly fall...
Economists expect the economy to slow down this year but said that it was unlikely to crash in 2024.
Inflation report seen as critical to allowing the Fed to lower rates in 2024.
Apple and Microsoft moved lower to pull the Nasdaq down, while the Dow edged up. All eyes are on the non-farm payroll report due out tomorrow.
Important metrics to track include the flow of individuals entering the labor force and the ratio of part-time workers to full-timers.