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2 Top-Ranked Stocks With Above 8% Dividend Yield for Your Portfolio
ABAllianceBernstein L.P.(AB) Zacks Investment Research·2024-02-26 14:06

Fresh inflationary worries have sparked volatility in the U.S. stock market. Due to an unexpected rise in the Consumer Price Index (CPI), which is the most accepted gauge for retail inflation followed by the Producer Price Index (PPI) or wholesale prices for January, investors fear a further delay in the much-awaited interest rate cut by the Federal Reserve.The Bureau of Labor Statistics reported that both CPI and PPI rose 0.3% in January against Wall Street’s expectations of 0.2% and 0.1%, suggesting a cha ...