The Latest Breaking News from CPI

Rebecca Dobinson has supported dogs owned by homeless people in the North East and volunteers as a vet for Street Paws. And now she is travelling to West Africa to ease the suffering of street dogs and join the fight against rabies

Last week, I talked about the likelihood of the S&P 500 (SPY) remaining range-bound due to the mix of bullish and bearish forces. One of the bullish forces was the resilience in earnings which have remained positive (+6% in Q2) despite adverse conditions. Another was the signs showing that inflation…

Party conference will be held in Vijayawada from Oct. 14 to 18: leader K. Ramakrishna

HYDERABAD

The CPI report that came out on Tuesday had quite the impact on the market intraday but historically these news items have little to no impact on changing the market’s long-term direction. 

‘Rahul is on a yatra, but our rally is not allowed’

American electricity prices have lagged broader inflation in the past decade. That trend is quickly reversing.

The Labor Department on Tuesday reported an 8.3% year-over-year increase in the consumer price index for August, which sent the SPDR S&P 500 (NYSE: SPY) and the Invesco QQQ Trust (NASDAQ: QQQ) spiraling lower. 

Microsoft Corporation (NASDAQ: MSFT) was sliding almost 4% lower on Tuesday in sympathy with the general markets, which saw the S&P 500 gap down and plunge about 3% lower.

KALABURAGI

Hundreds of protesters line up along main roads in Amaravati