- Prior was +0.3% (revised to +0.1%)
- Manufacturing output -0.7% vs -0.3% expected
- Capacity utilization 78.9% vs 79.4% expected
This fits in with the dovish theme driving markets today, though it's likely affected by the auto strike.
This fits in with the dovish theme driving markets today, though it's likely affected by the auto strike.
Most Popular
Sponsored
LOCO jumps 29% on strong earnings beat; JACK sinks 49% on revenue miss. DNUT up 13%.
FICO scores dip to 714 amid student loan woes. Gen Z sees biggest score drop, but many still aim for 750+.
Oil shock spikes inflation to 3.02%, derailing Fed rate cuts. Shiller P/E at 40+ vs. 17 avg.
Life insurers like FG & JXN beat revenue, but EPS misses hit stocks. UNM, EQH, MET lag on revenue & EPS.
Brent crude tops $100 on Iran supply fears. Traders eye inflation risk as prices rebound post-plunge.
Memory stocks surge on AI demand, showing massive pricing power. HALO trade beats megacap tech.
Private credit funds face S&P's negative outlook; opacity masks $42B black box risks.
Sponsored
Must Read