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MT Newswires15d agoneutral
Sector Update: Energy

Energy stocks were lower late Thursday afternoon, with the NYSE Energy Sector Index easing 0.1% and

Stocks Stumble Ahead of Highly-Anticipated Inflation Report
Barrons.com15d agobearish
Stocks Stumble Ahead of Highly-Anticipated Inflation Report

Today's wholesale inflation data sets the stage for tomorrow's consumer price index release, with investors watching closely for signs inflation is spreading beyond energy. The producer price index rose as expected in August, which prompted a move lower in equities, intensified bond yield rises, and caused a jump in odds of a rate hike from the Federal Reserve. The S&P 500 dropped 0.6% while the Nasdaq Composite declined 0.6%.

MT Newswires15d agoneutral
Sector Update: Energy

Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index decreasing 0.1% and t

SpaceX Stock Rises After Classified Launch for Space Force
Barrons.com15d agoneutral
SpaceX Stock Rises After Classified Launch for Space Force

SpaceX launches a classified payload for the U.S. Space Force later today, its 104th Falcon 9 launch of the year, and 106th flight including its Starship test flights. The mission is a reminder of the company’s space dominance, even as other companies come to challenge Elon Musk’s rocket and AI company. Today’s launch takes off from Vandenberg Space Force base in California and is slated for around noon Eastern time.

Rate-Hike Odds Spike After PPI Report
Barrons.com15d agoneutral
Rate-Hike Odds Spike After PPI Report

August wholesale inflation rose in line with expectations, fueling a downward move in stock futures and an increase in odds that the Federal Reserve will raise interest rates. The producer price index for total final demand rose 0.4% in August. Wholesale inflation has grown 5.4% year over year, the Bureau of Labor Statistics report said.

Tesla’s China Threat
Barrons.com15d agoneutral
Tesla’s China Threat

It’s about China and its plans to dominate the global auto market. Wednesday, Michigan Senator Elissa Slotkin shot off a series of tweets on X, suggesting President Donald Trump might allow Chinese cars to be sold in America. The White House didn’t respond to a request for comment.