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Stocks Turn To Losses, Bonds Rally On Falling Producer Prices, Rising Jobless Claims: What’s Driving Markets Thursday?

Wall Street experienced a rude awakening the day after the Federal Reserve’s June policy meeting, as investors sold off risky assets and shifted to safer bonds and cash in response to the latest batch economic data.

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May Inflation Report Clashes With Fed Meeting: Traders Brace For Volatile Wednesday

For the first time since June 2020, the Consumer Price Index (CPI) report will be released on the same day as the Federal Open Market Committee (FOMC) meeting. This sets up a potentially volatile Wednesday for financial markets.

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