Inflation volatility, sentiment data: Friday's market takeaways
04/13/2024 04:27
With stock futures (^DJI, ^IXIC, ^GSPC) closing sharply lower for the week, Yahoo Finance reporter Josh Schafer joins Market Domination Overtime with takeaways from the trading day and the broader week. The University of Michigan's preliminary consumer sentiment data showed inflation expectations picking up, Schafer notes. These results underpin the overall volatility seen across the week, Schafer adds, with the Consumer Price Index arriving hotter than expected. Without a clear look into the path of inflation and interest rates, Schafer questions how companies will issue guidance moving forward For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This article was written by Gabriel Roy.
With stock futures (^DJI, ^IXIC, ^GSPC) closing sharply lower for the week, Yahoo Finance reporter Josh Schafer joins Market Domination Overtime with takeaways from the trading day and the broader week.
The University of Michigan's preliminary consumer sentiment data showed inflation expectations picking up, Schafer notes. These results underpin the overall volatility seen across the week, Schafer adds, with the Consumer Price Index arriving hotter than expected. Without a clear look into the path of inflation and interest rates, Schafer questions how companies will issue guidance moving forward
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance.
This article was written by Gabriel Roy.