Producer Inflation Stays Elevated as Wall Street Starts Week on a Sluggish Note
Wall Street Opens Lower amid Hotter-than-Expected PPI data In a Thursday morning session, Wall Street experienced a downward trend as investors processed the latest producer price index (PPI) data for November 2024, which exceeded market expectations. The U.S. stock market’s initial reaction reflected concerns over inflationary pressures, with key indices showing mixed results. The Dow … Read more