Wall St tumbles to biggest loss in two years following CPI data
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Nomura Sees 100bps Increase Next Week
September 13, 2022 12:19 PM EDTNomura Sees 100bps Increase Next Week
... MoreJPMorgan on FOMC Following US Inflation Data: 'a 75bp hike at the September meeting much more likely than a 50bp increase'
September 13, 2022 10:13 AM EDTAnalyst Daniel Silver comments "The consumer price index (CPI) rose 0.1% in August. While the 5.0% drop in the energy CPI and the 0.8% increase in the food CPI were pretty close to our expectations, the 0.6% gain in the core index (0.567% to three decimals) was a notable upside surprise and helped lead... More
Wells Fargo Sees 75bps Hike Next Week Following Hot US Inflation Report
September 13, 2022 9:51 AM EDTWells Fargo Sees 75bps Hike Next Week Following Hot US Inflation Report
Analyst Sarah House comments "At this point, any slowdown in inflation is encouraging for the outlook. Declining gas prices and a modest slowing in food price inflation should help keep inflation expectations in check and boost consumer purchasing... More
