SPY Advance - Decline data for 2014 through 2016 Message Board

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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016

SPY 683.41

+0.2%

4:00 PM EST

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To: rimshot who wrote (883)	12/14/2021 4:38:25 PM
From: rimshot	Read Replies (2) of 1118

Stocks close lower following hot PPI data t.co briefing.com end of day Market Wrap - Tuesday Dec 14 " Prior to the open, the Producer Price Index for November came in hotter than expected, with the index for final demand up 0.8% month-over-month (Briefing.com consensus 0.5%) and up 9.6% year-over-year. The hot inflation report may have put additional pressure on the Fed to announce a faster tapering plan and signal a more hawkish rate path tomorrow. The market appeared concerned about the implications a more aggressive Fed would have on global growth with COVID-19 still disrupting supply chains and contributing to restrictive policies. Reports indicated that companies in a manufacturing hub in China suspended operations because of an outbreak in cases."

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