26th May 2021 Morning Report

U.S. stocks were slightly lower at market close, with the S&P 500 about 1% down from its all - time high and as investors continue to try and assess the direction of inflation. Yields fell with the benchmark 10-year yield at 1.56%.

However, the majority of market participants expect prices to increase as the economy recovers and are concerned about the speed and trajectory of the trend. The focus turns to Thursday’s Personal Consumption Expenditures report, the Fed’s preferred inflation measure.  A much stronger than expected increase in consumer prices two weeks ago re-ignited inflation fears and stoked market volatility.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

May 14th Morning Report
May 13th Morning Report
May 5th Morning Report
May 1st Morning Report
April 30th Morning Report
April 29th Morning Report
April 28th Morning Report
April 23rd Morning Report
April 22nd Morning Report
April 21st Morning Report