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Here's the Breakdown for April CPI, in One Chart
Annual CPI in the US eased to 3.4% in April 2024 from 3.5% in March, in line with market forecasts. Core inflation slowed to 3.6% annually, be the lowest reading since April 2021, down from 3.8% in both March and February.
Market Hits Highs, Memes Pull Back CPI Came in On Point | Market Story
In an overall market recap, indexes opened to all time highs after the CPI print.
S&P 500, Nasdaq Hit Records on Lower Inflation, Memes Fall | Herd on Wall Street
Morning mooers! Meme stocks are Pulling back after a two day rush! It is Wednesday May 15th, and the market is in the green.
Crude Prices Weaken After EIA Storage Report
WTI crude prices fall even as U.S. storage seems to decline, while sticky inflation threatens the upcoming driving season. April CPI slowed slightly, as expected, but remains too high to ens