Kiplinger

Stock Market Today: Tesla Snips S&P, Nasdaq Win Streaks

A tenacious stock market rally finally stumbled on a light-news Tuesday.

The day's core piece of economic data was focused on inflation: The Labor Department said October's producer price index (PPI) was up 0.6% month-over-month, and 8.6% year-over-year – the fastest rate of growth in wholesale prices in more than a decade (though inline with economists' expectations).

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger5 min read
What You Need to Know About Life Insurance Settlements
Your life insurance monthly premium can start looking less and less appealing once you’ve retired. It’s a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own
Kiplinger3 min read
19 Best Stocks to Buy Now for High Upside Potential
If the goal is to find stocks to buy when prices are lower rather than higher, it stands to reason that the time to go looking for the best stocks to buy is right now.  After all, the market is off by more than a fifth so far this year, which means i
Kiplinger2 min read
Stock Market Today: Stocks Go on Wild Ride as Fed Targets More Rate Hikes
Stocks spent most of Wednesday in positive territory, but went on a roller-coaster ride after the Federal Reserve, as expected, issued its third straight 75 basis point rate hike. The Fed's rate hike sparked plenty of chatter among Wall Street's expe

Related Books & Audiobooks