US Producer Inflation Accelerates to 6.3% in September
US producer prices rose 1.3% month over month in September, versus 0.5% expected. Annual headline inflation accelerated to 6.3% from August’s revised 5.6%, above the 5.3% consensus estimate.
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Stock Market Today: S&P 500 Slips as Oil Spikes 5%, 10-Year Yields Near 5.35%
U.S. stocks slipped by midday Thursday as oil surged more than 5% on fresh Persian Gulf tanker attacks, while Treasury yields climbed back toward their highest levels since 2002 and the Federal Reserve’s hawkish minutes kept rate-hike bets alive. President Donald Trump said he no longer wants a deal with Iran, while no
US initial jobless claims 4-week average 198,000
US initial jobless claims 4-week moving average was 198,000. The insured unemployment rate two weeks ago was 1.1%, unchanged.
US jobless claims report table released
US Labor Department initial state jobless benefit claims data for the insured unemployment week ending dates was provided in a table, including initial claims and a 4-week average, along with continued claims where available.