Shares slide ahead of U.S. inflation data, earnings hurdles By Reuters

United States News News

Shares slide ahead of U.S. inflation data, earnings hurdles By Reuters
United States Latest News,United States Headlines
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

*GLOBAL STOCKS SLIDE TO START THE WEEK -

Another hurdle will be Wednesday's U.S. consumer price report, in which markets see headline inflation accelerating further to 8.8% but a slight slowdown in the core measure to 5.8%.

"Unexpected weakness in these releases will be required to dislodge expectations for a 75 bps July 27 Fed rate rise, which lifted from about 71 bps to 74 bps post the payrolls report," said Ray Attrill, head of FX strategy at NAB.Treasury yields climbed around 10 basis points on the jobs report and the 10-year stood at 3.09% on Monday, up from a recent low of 2.746%.

Japan's conservative coalition government was projected to have increased its majority in upper house elections on Sunday, two days after the assassination of former prime minister Shinzo Abe.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lady Gaga Shares Her Go-To Products for a Colorful ‘Everyday’ Makeup LookLady Gaga Shares Her Go-To Products for a Colorful ‘Everyday’ Makeup LookLady Gaga Reveals the Beauty Products She Uses to Create Her ‘Everyday Artistry’ Look
Read more »

Lizzo Shares #Vizzo Video After Seeing BTS’ V Dancing to ‘About Damn Time’Lizzo Shares #Vizzo Video After Seeing BTS’ V Dancing to ‘About Damn Time’Lizzo can’t get enough of BTS' new video blog, which features V showing some love to her single “About Damn Time” VIZZO
Read more »

High-risk pregnancy specialist shares concerns about Utah's new abortion trigger lawHigh-risk pregnancy specialist shares concerns about Utah's new abortion trigger lawA group of Utah physicians are coming together to push for language changes in Utah's new trigger law.
Read more »

Katharine McPhee Shares Rare Pic of Son Rennie on Boat Trip: 'Too Much Fun'Katharine McPhee Shares Rare Pic of Son Rennie on Boat Trip: 'Too Much Fun'Katharine McPhee and her husband, David Foster, welcomed their son, Rennie, in February 2021 — see rare family photos
Read more »

'Top Chef' finalist Nick Wallace shares the bounty'Top Chef' finalist Nick Wallace shares the bountyWith his latest reality TV stint behind him, renowned chef Nick Wallace aims to aid his community—and change some perceptions.
Read more »



Render Time: 2025-02-22 04:37:56