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S&P 500 and Nasdaq look to rebound as stocks rise after PPI inflation data

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US stocks generally rose on Tuesday as investors jumped into stocks The first of two major inflation reports this weekWhich showed prices rising less than expected in December. Also in focus was a report that the incoming Trump administration may gradually raise tariffs to ease inflationary pressures.

Standard & Poor’s 500 Index (^ GSBC) rose about 0.4%, while the Nasdaq Composite Index, which was dominated by technology stocks (^ IX) rose 0.6%, and both are ready to bounce back Monday’s losses. At the same time, the Dow Jones Industrial Average rose (^ DJI) by 0.4% following the winning day for the leading stock index.

The Producer Price Index, which tracks price changes seen by businesses at the wholesale level, rose 3.3% from a year ago, compared with 3% in November but less than economists expected. It rose 0.2% compared to the previous month, which was also lower than expected. The report lays the foundation for the consumer inflation reading expected on Wednesday.

Meanwhile, the president-elect Donald Trump’s team is considering rolling out the program monthly Bloomberg reported that the promised tariffs would increase rather than impose higher levels in one step, in an attempt to help prevent rising inflation.

the The possibility that Trump’s policies will increase price pressures This was worrying markets, as this could limit the Fed’s scope to cut interest rates. But progressive definitions can still be so “Problematic” for the central bank A strategist at UBS said that efforts to end the task of calming inflation.

DJI – Free real-time quote US dollars

As of 9:42:48 AM EST. The market is open.

^ DJI ^ IX ^ GSBC

After the dollar tariff report (DX-Y.NYB(declined after a five-day winning streak, while the 10-year Treasury yield)^ TNX) withdrew from The highest levels were recorded in 14 months on monday Selling bonds.

On the corporate front, KB Home shares rose (KBH) jumped more than 10% in early trading after the homebuilder’s fourth quarter Earnings beat estimates.

He lives 4 updates

  • Alexandra Canal

    Stocks open higher

    Stocks are in recovery mode yet Latest inflation data Prices showed a smaller-than-expected rise last month, while investors also took heed New report The Trump administration could gradually raise tariffs amid the battle to reduce inflation.

    Standard & Poor’s 500 Index (^ GSBC) and the Dow Jones Industrial Average (^ DJI(Each of them rose by about 0.4%, while the Nasdaq Composite Index, which was dominated by technology stocks, rose.)^ IX) rose approximately 0.6%.

    DJI – Free real-time quote US dollars

    As of 9:42:48 AM EST. The market is open.

    ^ DJI ^ IX ^ GSBC

  • Josh Shafer

    The Producer Price Index shows that wholesale inflation rose less than expected in December

    Wholesale prices rose less than expected in December, a positive indicator for the economy Amidst recent market concerns That inflation is not falling as quickly as hoped to the Fed’s 2% target.

    Tuesday’s report from Bureau of Labor Statistics It showed that the Producer Price Index (PPI) – which tracks price changes seen by businesses – rose 3.3% from a year earlier, up from 3% in November but less than the 3.5% increase that economists had expected. On a monthly basis, prices rose 0.2%, less than the 0.4% increase that economists had expected.

    Excluding food and energy, “core” prices rose 3.5% year-on-year, higher than November’s increase of 3.4%. Economists had expected an increase of 3.8%. Meanwhile, core prices were unchanged month-on-month, less than the 0.3% increase economists had expected and the 0.2% increase seen last month.

  • Jenny McCall

    Good morning. Here’s what’s happening today.

  • Brian Susie

    Goldman Sachs estimates the economic impact of wildfires

    The combined property losses from the Eaton and Palisades fires are on track to top the most destructive wildfires (the Camp Fire in 2018) in California history, the Goldman Sachs team said in a note this morning.

    Insurance losses range between $10 billion and $30 billion, according to Goldman estimates.

    The company’s estimates of the near-term economic impact are as follows:



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