U.S. stocks ended sharply lower on Tuesday, with the Nasdaq Composite gaining on a fall of over 5% Amazon.com, Inc. AMZN, Microsoft Corporation MSFT and apple inc AAPL shares.
Let’s take a look at the major economic events scheduled for today.
- The MBA index of mortgage Application activity for the last week is scheduled to be published at 7:00 am ET.
- The PPI for August is released at 8:30 am ET. Producer prices cooled more than expected in July, falling 0.5% over the month. Analysts, meanwhile, expect producer prices to fall by 0.1% over the month, with the annual rate expected at 8.7%.
- The Atlanta Fed September Business Inflation Expectations Survey report will be released at 10:00 am ET.
- The Energy Information Administration’s weekly report on US petroleum stocks is scheduled for release at 10:30 am ET.
Market volatility jumps after US CPI data
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