Stocks Slip As Inflation Signals Deter Markets
On Tuesday Wall Street slid further amid mixed inflation signs as May producer prices rose modestly and core measures edged higher less than expected. Traders weighed oil and gold declines but priced in potential Fed rate hikes while bond yields inverted signaling slowing growth. The Dow closed lower after a volatile session with analysts noting energy costs easing yet core inflation remaining tame.
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New York
Wall Street
Labor Department
Federal Reserve
U.S
May
Ken McCarthy
vFinance Investments
McCarthy
Fed
Commerce Department
Treasury
Grain futures slip as soybeans fall in Chicago trade
Soybean futures dropped on the Chicago Board of Trade while overall grain futures were mostly lower. July wheat slid to 3.69 a bushel, July corn to 2.43, oats edged higher to 1.95, and soybeans at 5.95 a bushel. The Associated Press.
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Chicago
Chicago Board of Trade
The
Associated Press
Stockyards Springfield prices and Illinois hog market update
Eastern Cornbelt carcass bids by inch fat thickness range from 74.40 to 81.00, with 0.5 to 0.9 inch bids listed. Today's negotiated purchases total 13,809 Illinois Direct Hogs. Laws indicate trading steady with moderate demand and offerings, with price ranges by weight bracket for 300 to over 600 pounds and boar categories.
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Illinois
The
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