Dow Jones Stocks- Inflation Rate
Revealed that inflation increased to a 41-year-high of 9.1 percent, while gasoline prices increased.
U.S. stock indexes opened significantly lower on Wednesday following the consumption price index.
Dow Jones Stocks- Indices Graph
In June, the soaring cost of gasoline caused the rate of U.S. inflation to 9.1 percent, nearly 41-year-high.
Dow Jones Stocks- Gasoline Price
Inflation, which is the subject of the consumer price index report is still the primary concern.
Dow Jones Stocks- Consumer Price
Economic experts interviewed in The Wall Street Journal had predicted an increase of 1.1 percent increase.
Dow Jones Stocks- Economic Experts
The CPI was up 1.3 percent in June to be the third time in the past four months that it has exceeded.
Dow Jones Stocks- CPI Was Up
We continue to see new record highs for inflation and it will weigh heavily on the markets," Greg Bassuk.
Dow Jones Stocks- New Record High
"We witnessed last month when CPI exceeding expectations, and which was worrying on the risk side for assets.
Dow Jones Stocks- Expectations
Amazon Prime Day is in the second day of the massive sale and we're looking for more bargains.
Amazon Prime Day