Wednesday, 13 July 2022

S&P 500, Nasdaq 100 Subdued on Sizzling Inflation Data, JPMorgan's Earnings Eyed

U.S. stocks fall Wednesday as worse-than-expected inflation data raises the likelihood of more aggressive monetary policy tightening by the Federal Reserve in the coming months.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...