S&P 500 Index May Lose Upward Momentum
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S&P 500 Index May Lose Upward Momentum
Yesterday’s inflation data release held no major surprises, as the actual Consumer Price Index (CPI) figures came in close to analysts’ forecasts.According to Forex Factory: → Annual CPI: actual = 2.3%, forecast = 2.4%, previous = 2.4%; → Monthly Core CPI: actual = 0.2%, forecast = 0.3%, previous = 0.1%.Overall, stock indices rose yesterday, but according to media reports, this momentum may begin to slow in the near future: → UBS analysts downgr…
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