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Zacks News
PPI Lower than Expected, but +10% Year over Year
by Mark Vickery
The +10.0% headline PPI is a new high going back to record-keeping adjustments in 2010. The core print year over year is +8.4%.
Indexes Slide, Along with Oil Prices
by Mark Vickery
The big loser was once again the tech-heavy Nasdaq, which fell for the third straight session and dumped -262 points, -2.04%.
Early Friday Markets Up on Positive Words from... Putin?
by Mark Vickery
Despite bombs continuing to drop in Ukraine, Putin says he sees a "positive shift" in peace talks.
Uncertainty Prevails as Indexes Turn South Again
by Mark Vickery
We are mostly exhausted of most economic reads up until the Fed's next monetary policy meeting mid-next week.
Ride Wall Street's Latest Comeback Rally With These ETFs
by Sweta Jaiswal, FRM
Wall Street saw an impressive comeback on Mar 9 with strength in all the three major broad market indices.
CPI +7.9% Year Over Year, New Jobless Claims Up
by Mark Vickery
We need to go back 40 years to find a higher monthly year-over-year headline CPI number.
Bizarro World Market: Indexes Way Up, Oil Way Down
by Mark Vickery
Today's regular trading session was something like looking in a mirror: indexes were up robustly, Utilities and Defense stocks were flat, Oil was down.
Markets Pricing-In Brutal Realities
by Mark Vickery
Investors see ongoing war slogging forth indefinitely, with energy and other commodity prices spiking and a European recession right around the corner.
Oil Prices Continue to Climb, Markets Off Early Morning Lows
by Mark Vickery
WTI and Brent crude prices per barrel are jumping another +2.4% and +3.4%, respectively.
New Jobs Highest in 7 Months: 678K, 3.8% Unemployment
by Mark Vickery
This is as illustrative a bounce-back from Omicron's temporary sag in the economy as one could expect.