World Week Ahead: US consumer prices on radar

Sun, 11 Feb 2018

By Margreet Dietz Feb 12 (BusinessDesk) - Following a week dictated by vertigo-inducing volatility on equity markets amid the spectre of rising interest rates, investors will scrutinise the latest report on US consumer prices. Even as Wall Street rebounded on Friday — when the Dow Jones Industrial Average rose 1.4 percent, the Standard & Poor’s 500 Index gained 1.5 percent and the Nasdaq Composite Index climbed 1.4 percent — it still posted a slide for the week. In the last five trading days, the Dow retreated 5.2 percent, as did the...

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