US Treasuries Fall as Traders Pare Fed Rate-Cut Bets After PPI
8 Articles
8 Articles
Nasdaq Brushes off PPI Report as Yields Rise following PPI Report
Nasdaq futures remained resilient after this morning's inflation data weighed on Fed rate cut bets. The dollar rose alongside Treasury yields, while crude oil moved higher ahead of a meeting between President Trump and President Putin.
Indices on the New York Stock Exchange turned red at the start of trading today. The bad mood among investors was caused by the latest data on the movement of prices at the producer level in the United States. The PPI index rose much more than investors expected in July, according to the French news agency AFP.
Coverage Details
Total News Sources8
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
Factuality
To view factuality data please Upgrade to Premium