Here’s Why the Dow Jones Choked Ahead of US Inflation Data
The Dow Jones Industrial Average had its worst day since February as fears of inflation continued. The index declined for the second consecutive day, shedding 478 points. These losses are…
China, Brasil Demand Fueled Corn Prices up 142%. Inflation Worries Raised
Corn prices are now at an eight year high of $7.56 per bushel after surging about 142% in the last year. According to MarketsInsider, the prices have been fueled by…
Easing Inflation Worries Drive U.S Stocks Higher, Dollar Sheds Gains
U.S stocks rose while the dollar fell after U.S consumer prices rose less than expected. According to Bloomberg, the less than expected surge in consumer prices eased inflation worries fueling…
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