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Consumer Prices Remain in a Sweet Spot

by devteam June 19th, 2009

Following in step with producer prices, the Consumer Price Index was milder than forecasts in May. The all-items headline advanced just 0.1%, two-tenths below expectations and following a flat reading in April. Core prices, which exclude volatile food

Stocks Struggling Ahead of Obama’s Announcement

by devteam June 19th, 2009

The S&P 500 fell 3.6% on Monday and Tuesday, and with a new regulatory framework being introduced this afternoon markets are hesitant to go against the herd, as losses extend across the board. Ninety minutes into the session, the S&P has fallen

Markets Flat Ahead of Geithner Testimony

by devteam June 19th, 2009

Two hours before the opening bell stock futures are pointing at a flat open, though the 8:30 release of Jobless Claims could offer some direction. More importantly, markets will be still be digesting news from the Obama administration’s plans to

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