{"id":519972,"date":"2022-12-01T19:05:42","date_gmt":"2022-12-01T16:05:42","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dow-stocks-tumble-despite-signs-of-easing-inflation\/"},"modified":"2022-12-01T19:05:42","modified_gmt":"2022-12-01T16:05:42","slug":"dow-stocks-tumble-despite-signs-of-easing-inflation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dow-stocks-tumble-despite-signs-of-easing-inflation\/","title":{"rendered":"#Dow, stocks tumble despite signs of easing inflation"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a259960b900d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a259960b900d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-stocks-tumble-despite-signs-of-easing-inflation\/#%E2%80%9CDow_stocks_tumble_despite_signs_of_easing_inflation%E2%80%9D\" >&#8220;Dow, stocks tumble despite signs of easing inflation&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CDow_stocks_tumble_despite_signs_of_easing_inflation%E2%80%9D\"><\/span>&#8220;Dow, stocks tumble despite signs of easing inflation&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/dow-stock-fall.jpg?quality=90&amp;strip=all\" \/><\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>The Dow fell nearly 200 points in uneven trading on Wall Street Thursday and bond yields pulled back after the government reported that a measure of inflation that\u2019s closely watched by the Federal Reserve eased in October.<\/p>\n<p>The Dow Jones Industrial Average slid 194.76 points, or 0.6%, to 34,395.01 after being down as much as 400 points in the morning. <\/p>\n<p>The Nasdaq edged up 0.1%, while the S&amp;P 500 was flat. The benchmark index was roughly split between gainers and losers, but some big tech stocks weighed down the broader market.<\/p>\n<p>Major indexes are coming off of their second straight month of gains.<\/p>\n<p>Yields on both short-term and long-term bonds fell. The yield on the 10-year Treasury, which influences mortgage rates, edged lower to 3.60% from 3.61% late Wednesday.<\/p>\n<p>Investors are reviewing the latest update on inflation. A measure of inflation that is closely monitored by the Fed\u00a0eased in October. Wall Street has been closely watching any updates about inflation to get a better sense of whether the Fed will tone down its aggressive interest rate increases.<\/p>\n<aside class=\"single__inline-module alignright\">\n    <\/aside>\n<p>The central bank has been deliberately slowing the economy in order to tame stubbornly hot inflation. Prices have been falling, but still remain historically high.<\/p>\n<p>Fed Chair Jerome Powell said Wednesday that the central bank\u00a0could begin moderating its pace of rate hikes\u00a0as soon as December, when its policymaking committee will hold its next meeting. The Fed, though, has been very clear about its intent to continue raising interest rates until it is sure that inflation is cooling.<\/p>\n<p>The Fed has raised its benchmark rate six times since March, driving it to a range of 3.75% to 4%, the highest in 15 years. Wall Street expects as much and expects the benchmark rate to reach a peak range of 5% to 5.25% by the middle of 2023.<\/p>\n<p>\u201cWhat turns mild recessions into deep economic scarring is the buildup of excess, and we don\u2019t have a bubble this time,\u201d said Katie Nixon, chief investment officer for Northern Trust Wealth Management.<\/p>\n<p>Inflation will continue to be the main focus for Wall Street, and \u201con that score, things seem to be coming off the boil,\u201d she said.<\/p>\n<p>The latest government data on inflation comes amid several reports from the employment sector showing that the labor market is starting to soften. The strong labor market has been good for the economy, but has made it more difficult for the Fed to fight inflation as wages grow. The closely watched monthly report on the job market will be released on Friday.<\/p>\n<p>Investors are also getting more data this week on inflation\u2019s impact over the broader economy. Activity in the manufacturing sector contracted in November for the first time since May 2020, according to the Institute for Supply Management. The report also shows that prices are falling.<\/p>\n<p>\u201cAll signs point to a deceleration of inflation in everything except wages,\u201d Nixon said. \u201cThat is sort of the last man standing.\u201d\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/12\/01\/dow-stocks-tumble-despite-signs-of-easing-inflation\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Dow, stocks tumble despite signs of easing inflation&#8221; The Dow fell nearly 200 points in uneven trading on Wall Street Thursday and bond yields pulled back after the government reported that a measure of inflation that\u2019s closely watched by the Federal Reserve eased in October. The Dow Jones Industrial Average slid 194.76 points, or 0.6%,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":519973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/dow-stock-fall.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[136509,73977,70550,72332,72388,70359],"class_list":["post-519972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-1-22","tag-dow-jones-industrial-average","tag-federal-reserve","tag-nasdaq","tag-stock-market","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/519972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=519972"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/519972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/519973"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=519972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=519972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=519972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}