Wholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four years
The producer price index was expected to increase 0.4% in October, according to the Dow Jones consensus.
The producer price index was expected to increase 0.4% in October, according to the Dow Jones consensus.
The Dow pulled back more than 150 points in regular trading, while the S&P 500 and Nasdaq Composite shed 0.4% and 0.7%, respectively.
Traders awaited the October consumer price index reading, due Tuesday morning.
Futures are mixed and oil settles after a sharp sell-off
The Dow Industrials posted its best day since April 2025, surging 3% after Democrats decisively swept Congress and oil prices fell.
US stocks opened higher Wednesday morning as Wall Street digested results from the midterm elections and mulled what a Democrat-controlled Congress will mean for President Donald Trump’s fiscal agenda as well as the AI trade.
The Dow Jones index is up 3 per cent, and oil prices have fallen 8 per cent after the Democrats' big win in the US elections. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The BLS reported job openings at 7.52 million, up 333,000 from August and well above the Dow Jones consensus outlook for 7.15 million
The Dow Jones rose more than 1300 points as traders digested Democrats’ midterm sweep; Data centre stocks fall on prospect of new regulation. Follow live updates.
Investors geared up for another batch of earnings results and the upcoming midterm elections.
The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.
The major U.S. stock averages ended Monday's session with solid gains.
The charges come at amid hightened concerns of political violence following the alleged attack on independent MP Helen Haines.
A 59-year-old man is charged after over the alleged assault of Amanda Dow's husband on Sunday.
Traders looked ahead to a busy week with the Federal Reserve's policy decision due on Wednesday.
The Nasdaq Composite posted its worst day since June as the tech sector sold off Thursday.