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Market Moves: Inflation Data Shakes Wall Street, Global Trends Emerge

The US wholesale inflation rate rose 3.3% annually, the highest in three years, causing traders to doubt a Federal Reserve interest rate cut in September, with three-quarters of S&P 500 stocks falling.

Summary by Devdiscourse
Market Moves: Inflation Data Shakes Wall Street, Global Trends Emerge Global stock markets experienced a slight downturn on Thursday, with Wall Street equities ending broadly unchanged. U.S. Treasury yields climbed following unexpected strength in inflation data, which cast doubt on anticipated Federal Reserve interest rate cuts. The S&P 500 managed a modest rise, marking its third consecutive record close.Market participants were taken aback by…

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ABC Columbia broke the news in Columbia, United States on Thursday, August 14, 2025.
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