Express News | US Indexes Are Mixed, Reversing After Earlier Rising on June CPI Data

Benzinga32minutes ago

Express News | Indexes Are Higher Following Softer-than-expected June CPI Figures

BenzingaJul 11 08:32 ET

No longer a case of "The Boy Who Cried Wolf"? The New York Federal Reserve comments that this time, "Powell Pivot" will be more sustainable than at the end of last year.

Nowadays, the threshold for Fed rate cuts is lower than in previous months and the situation has changed. Powell believes that inflation is returning to normal and the labor market is clearly weakening, further weakness is unnecessary and unwanted.

wallstreetcnJul 10 22:08 ET

Stocks Are Due for a Correction, This Veteran Trader Predicts - but He's Staying Invested

The stock market now is 'numb to all news'.

MarketWatchJul 10 21:06 ET

US Stock Futures Edge Lower With CPI Data Set to Offer More Rate Cues

US stock index futures fell slightly in evening deals on Wednesday, cooling after a recent rally on Wall Street as focus turned towards upcoming inflation data to set the stage for interest rate cuts by the Federal Reserve.

InvestingJul 10 19:48 ET

7/11 [Strength and Weakness Materials]

[Bullish Material] The Nikkei Average rose (41831.99, +251.82), the NY Dow rose (39721.36, +429.39), and the NASDAQ composite index rose (18647.45, +218.16). 1 dollar = 161.60-70 yen. Chicago Nikkei futures rose (42470, +530 compared to Osaka). The SOX index rose (5904.54, +139.34). US crude oil futures rose (82.10, +0.69). The US long-term interest rates declined. US inflation is stagnant.

Fisco JapanJul 10 19:46 ET