Market Pulse - Usa
US close: Stocks finish weaker ahead of CPI print
Wall Street reversed earlier gains to finish weaker on Wednesday, as major indices continued to search for direction ahead of the release of May's consumer price index tomorrow.
US open: S&P 500 hits new record high as traders digest CPI reading
Wall Street stocks traded higher at the open on Thursday as market participants thumbed over a consumer price index that revealed a bigger-than-expected increase in price pressures and a fresh batch of jobless claims data.
US initial jobless claims fall for sixth consecutive week
The number of Americans lining up for state unemployment benefits declined for a sixth consecutive week, with initial claims decreasing by 9,000 to 376,000 in the week ended 5 June, according to the Labor Department.
US consumer prices jump past forecasts in May, led by user cars
Inflation in the US bounded ahead in May with big gains evident across nearly all categories of products and services.
US pre-open: Stock futures mixed ahead of CPI data
Wall Street futures were mixed ahead of the bell on Thursday as investors awaited some key inflation data and this week's jobless claims report from the Labor Department.