Bloomberg Businessweek cover image

US Inflation Unexpectedly Accelerating to a 40-Year High of 8.6%

Bloomberg Businessweek

00:00

What's Happening in the Stock Market?

Food prices are a major driver of the headline inflation numbers these days. Some food names that are actually the gainers in today's session. The s and p 500 right now at 39 22 as we speak, down two point four percent. But also on the technical level, one of the key levels that technicians were keeping a close eye on was the may 20 third intra high.

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