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US consumer 5-year inflation expectations rise to 3.4%

Oracle rises on stronger results and higher FY27 guidance

Oracle climbed in premarket trading after reporting better-than-expected first-quarter financial results and raising its FY27 adjusted EPS guidance.

MasterCraft Boat Hldgs reports fiscal 2026 sales rise 22.8%

The company said fiscal 2026 net sales increased 22.8% to $348.9 million and adjusted EBITDA rose 87.1% to $45.6 million. It also completed its acquisition of Marine Products Corporation, adding Chaparral and Robalo brands and realigning reportable segments.

Casey's Q1 2027 EPS rises 28% as revenue jumps 24.3%

Casey's General Stores reported first-quarter diluted EPS of $7.37, up 28% year over year, net income of $274 million and revenue of $5.68 billion, up 24.3%. EBITDA rose 17% to $485 million.

Core & Main Q2 sales, EBITDA rise; guides held steady

Core & Main reported second-quarter fiscal 2026 net sales up 2.5% to about $2.1 billion and adjusted EBITDA up 3% to $274 million, while reaffirming full-year guidance for sales and adjusted EBITDA.

Visser says rising bond yields are noise for stocks

Jordi Visser of 22V Research said rising Treasury yields may be “noise” for stocks, arguing bond volatility, credit spreads and inflation expectations do not signal a bond crisis.

BRP Q2 2027 revenue, EBITDA and guidance rise

BRP said second-quarter revenue was $2.2 billion and normalized EBITDA was $139 million, with results ahead of expectations despite a $145 million net tariff impact. The company lifted full-year revenue and normalized EPS guidance.

Japan stocks fall as bond yields and oil prices rise

Nikkei 225 fell 2.5% to below 64,600 and Topix declined 1.6% to 4,115. Equities slid as global bond yields surged and oil rose for a third session on US-Iran tensions and inflation risk.

Nasdaq 100 falls as hot PCE inflation lifts rate-hike bets

U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.

Trump threatens 50% tariffs on Canadian autos, steel in 2027

President Donald Trump says tariffs on all cars, trucks, automotive parts and steel will rise to 50% on January First, 2027, pressuring industrial and auto supply chains.

U.S. data weakens as yields rise and stocks split

U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.

U.S. producer inflation is unchanged in July, below expectations

The Bureau of Labor Statistics reports U.S. PPI was unchanged in July, with annual producer inflation easing to 4.7% from 5.5% and core PPI rising 0.2% month over month.

US July CPI draws split read on Fed policy and inflation trend

July US consumer price index data drew conflicting interpretations, with some economists citing disinflation and narrower price gains while others questioned the energy-price timing in the print.

US Inflation Rises 3.4% Year Over Year

The US Consumer Price Index rose 3.4% from a year earlier, matching expectations

US Inflation Cools to 3.4% in July

The US Consumer Price Index rose 3.4% year-over-year in July, down from June's 3.5% increase

US Stock Futures Rise Ahead of July CPI

US stock futures are higher as investors await July CPI data

EXCLUSIVE: CPI Lands Tomorrow and Could Send PLTR, TSLA Surging—But Only if It's A 'Serious Shock,' Cato Economist Says

The July Consumer Price Index lands Wednesday at 8:30 a.m. ET, and traders are hoping a soft number can reignite momentum in high-beta names like Palantir Technologies Inc. (NASDAQ: PLTR ) and Tesla Inc. (NASDAQ: TSLA ). Cato Institute economist Jai Kedia doubts it. “It is unlikely that any meaningful change to those s

Gold Price Targets $4,500 as GLD ETF Inflows Soar Ahead of US Inflation Data

Gold price staged a strong comeback last week, reaching its highest level since July 17 after the US released the Bureau of Labor Statistics (BLS) released a weak non-farm payrolls (NFP) report. It jumped to $4,367, up by 10% from the year-to-date low. US Inflation Data and GLD ETF Inflows Gold jumped after the US rele

AI Spending Boom Just Made US Economy Look Weaker Than It Really Is

The U.S. economy looked surprisingly soft on paper in the second quarter. Yet beneath the headline, it may have delivered one of the strongest signals yet that the artificial intelligence investment boom is accelerating. Gross domestic product grew at an annualized 1.5%, slowing from 2.1% in the first quarter and missi

ASX Preview: Australian Shares to Rise as Oil Gains on Middle East Tensions; BHP Group Meets Fiscal 2026 Production Guidance

() -- Australian shares are poised to rise on Thursday, tracking gains in global markets, as oil prices edged higher after fresh US strikes on Iranian military targets heightened concerns about supply risks in the Middle East. Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 0.4%,

Update: Nasdaq, S&P 500 Rise as Inflation Drops for First Time in Six Years, Trump Reverses Plan to Impose Toll on Hormuz Cargo

() -- (Updates with index/price moves and company/geopolitical news from the first paragraph.) US equity indexes traded mixed, with the Nasdaq Composite and the S&P 500 gaining, as the June inflation rate fell for the first time in more than six years and President Donald Trump withdrew plans to impose a levy on cargo

Top Midday Stories: June CPI Falls More Than Expected; IBM Shares Drop After Company Provides Update on Q2 Earnings 'Shortfall'

() -- All three major US stock indexes were up in late-morning trading, as the big banks kicked off earnings season with strong reports and the latest consumer price index report showed inflation fell more than expected. The US seasonally adjusted consumer price index fell by 0.4% in June, compared to expectations of a

South African Rand Rises as Softer US Dollar Offsets Weak Mining Data

() -- South African rand strengthened against the US dollar as weaker-than-expected US inflation data outweighed disappointing domestic mining figures and weighed on demand for the greenback. South Africa's mining production fell 5.4% year over year in May after April's revised 8% increase, missing forecasts for a 1.5%

US Equity Markets Lower as Semiconductor Stocks Fall, Crude Oil Prices Rise

() -- US equity indexes closed lower on Tuesday as semiconductor stocks pulled technology stocks lower and after an attack on a Qatari vessel sent crude oil prices higher. * Consumer expectations for one-year US inflation growth jumped to 3.7% in June from 3.5% in the previous month, according to a survey released by t

US Trading Hours Summary: May JOLTS openings rise; First half comes to a close

Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool

US Trading Hours Summary: May JOLTS openings rise; First half comes to a close

Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool

com EU Mid-Market Update: Soft UK growth, hawkish ECB & an incoming UK Defence Plan that is expected to be short of funding; Focus on USD/JPY move

**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%

Japan Inflation Steady

Japan's core inflation came in line within expectations. Headline inflation strengthened marginally, but "core-core" inflation eased slightly. The Bank of Japan earlier this week had highlighted concern over high energy prices. Japan's core inflation rate held steady at 1.4% in May, matching expectations and suggesting

Japan Inflation Steady

Japan's core inflation holds steady at 1.4% in May, matching expectations despite energy price concerns