On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto assets took a hit, moving downward from their recent peaks. Stocks Dip, Crypto Slumps as January CPI Data […]
Source link
Trending
- Fire in Dartford Tunnel – emergency services on the scene of A282 incident at Dartford Crossing
- What to know about the landmark Warner Bros. Discovery sale
- M60 clockwise between J17 and J18 | Clockwise | Congestion
- Cameron Antwi injured in Gillingham win at Barrow and captain Armani Little limps off – Gareth Ainsworth comments on injury to Barrow’s Jovan Malcolm
- Bitcoin Erases Iran Strike Losses as Traders Reprice Geopolitical Shock
- Why did Netflix back down from its deal to acquire Warner Bros.?
- Q&A: How can microbiome science solve problems in agriculture?
- What Is AI Coding And Does It Actually Work?
CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount
By bibhuti
