Tag: wholesale

Stocks wobble as wholesale inflation rises less than expected

US stocks wobbled on Thursday after a cooler-than-expected reading on producer prices helped soothe investor worries stemmed by Wednesday’s surprise uptick in consumer prices. The Dow Jones Industrial Average (^DJI) traded below the flatline while the S&P 500 (^GSPC) was little changed, coming off a rout that saw the gauges drop about 1%. The tech-heavy […]

Stocks wobble as wholesale inflation rises less than expected

US stocks wobbled on Thursday after a cooler-than-expected reading on producer prices helped soothe investor worries stemmed by Wednesday’s surprise uptick in consumer prices. The Dow Jones Industrial Average (^DJI) traded below the flatline while the S&P 500 (^GSPC) was little changed, coming off a rout that saw the gauges drop about 1%. The tech-heavy […]