US stocks mostly stalled on Thursday as Wall Street digested a much hotter-than-expected PPI inflation print, souring optimism around a large September rate cut. July's Producer Price Index (PPI) came in well above expectations,

Factory-gate prices rose by a much stronger-than-expected 0.9% in July

The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than economists expected.

NEW YORK (AP) — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon and some other influential Big Tech companies helped mask the losses.

Citi raised its forecast for where the S&P 500 will finish the year, joining Bank of America, Goldman Sachs, Deutsche Bank and others that raised their targets recently. Those forecasts, however, cluster around where the index stands now -- mostly between 6,

In his 2023 letter to shareholders, Warren Buffett reminded Berkshire Hathaway investors that major market panics "won't happen often -- but they will happen." They are a fact of life in markets ultimately made up of humans -- humans prone to getting caught up in waves of "feverish activity" and "foolishness."

The stock market cut losses but it wasn't enough to erase all of the early losses made on a hot inflation report.

Markets are facing a crucial reading on U.S. inflation in the coming week, soon after regaining their footing following volatility triggered by a weak jobs report at the start of August.