Investors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate hikes. Stock and bond markets were mixed Thursday morning as investors digested another inflation report. The Producer Price Index (PPI), a measure of wholesale inflation, rose 0.3% in March, in line with expectations. This comes after the Consumer Price Index (CPI) unexpectedly rose 0.6% in March, the largest monthly increase since August 2012. The market is closely watching these inflation figures as they have the potential to impact interest rate decisions and stock market performance.

Stock Futures Down amid Inflation Concerns

Stock futures in the US were lower on Thursday, with contracts on the three major averages losing about 0.3%, and extending the drop from the previous session. The unexpected rise in CPI and the upcoming release of the Producer Price Index (PPI) have heightened concerns about inflation and interest rates. Investors are closely monitoring these figures as they seek to assess the impact on the stock market. The Dow Jones Industrial Average, S&P 500, and Nasdaq are all facing pressure due to these inflation concerns.

• Investors bracing for a wholesale inflation print
• Surprise uptick in CPI shook markets and undermined bets on interest-rate hikes
• Producer Price Index (PPI) rises 0.3% in March
• Consumer Price Index (CPI) unexpectedly rose 0.6% in March
• Stock futures down 0.3%, extending previous session’s drop
• Concerns about inflation and interest rates impacting stock market
• Dow Jones Industrial Average, S&P 500, and Nasdaq facing pressure

In this uncertain environment, NVIDIA tested monthly lows, putting additional pressure on the S&P 500 and Nasdaq. Stocks had a back-and-forth day ahead of the release of CPI data, which is expected to have a significant impact on rate cut expectations. The market is awaiting the outcome of the CPI report, as it could influence decisions regarding potential rate cuts. Overall, the stock market is experiencing volatility as investors react to inflation concerns and assess the potential implications for the future.

“The unexpected rise in CPI has shaken investor confidence and raised questions about the future trajectory of interest rates,” said an analyst at XYZ firm.

Market Reaction and Uncertainty

Stock prices kept going sideways yesterday, with the S&P 500 index gaining 0.14% after an intraday dip, followed by a rebound. Traders are closely watching the market as they navigate the potential impact of inflation on the overall economy and future monetary policies. The release of CPI and PPI data will provide further insight into the state of the economy and potential market trends. Amidst this uncertainty, Wall Street steadied itself as bond yields eased ahead of the inflation report. Equities have lost ground along with Treasury yields and the dollar, with the focus now shifting to the upcoming inflation data.

• Stock prices continue to oscillate
• S&P 500 index gains 0.14% after intraday dip and rebound
• Uncertainty prevails as market reacts to inflation concerns
• Bond yields ease ahead of upcoming inflation report
• Equities, Treasury yields, and the dollar all experiencing losses

As investors await the release of CPI and bank earnings, the S&P 500 outlook remains uncertain. The market is wobbling ahead of the CPI report, which could have a significant impact on rate cut expectations. The data on energy and consumer goods prices will add pressure to today’s inflation reports and further shape market sentiment. Wall Street is bracing itself for the potential impact of higher inflation, with concerns that it could drive stocks lower and potentially mark the start of a new downtrend.

“The release of today’s CPI data will play a crucial role in determining the direction of the stock market. Higher inflation has the potential to shift investor sentiment and drive stocks lower,” said an economist at XYZ bank.

Key Points:

1. Investors bracing for wholesale inflation print
2. CPI unexpectedly rose 0.6% in March, shaking markets
3. PPI rises 0.3% in March, in line with expectations
4. Stock futures down 0.3%, extending previous session’s drop
5. NVIDIA testing monthly lows, putting pressure on S&P 500 and Nasdaq
6. Wall Street steadies as bond yields ease before inflation report
7. Uncertainty prevails as market reacts to inflation concerns
8. S&P 500 outlook uncertain as market wobbles ahead of CPI report
9. Potential impact of higher inflation on stock market