#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest markets news check out finance.yahoo.com U.S. stocks wavered Wednesday as investors digested data that showed inflation slowed to its slowest annual rate of increase in two years. The S&P 500 (^GSPC) ticked above the flatline, while the Dow Jones Industrial Average (^DJI) slipped 0.41% or more than 100 points. The technology-heavy Nasdaq Composite (^IXIC) rose 0.62 % at around 12:14 pm ET. The highlight for Wall Street was economic data that showed the consumer index rose at a quicker monthly pace in April, pushed by soaring costs for used cars and trucks and housing, the latest sign that inflation remains sticky. CPI rose 0.4% in April, faster than the 0.1% rise from the previous month. In the 12 months through April, headline inflation increased to 4.9%, lower than the forecasted 5%. April’s
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)