German Inflation Slows Less Than Expected With ECB Set to Cut
Consumer prices rose an annual 2.1% in May, more than the 2% that economists predicted in a Bloomberg survey but lower than April's 2.2% advance. Pressures in the services sector abated, while energy costs continued to fall, the statistics office said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures flat with PPI looming amid rate-cut fervor
US stock futures hovered around the flatline on Thursday as Wall Street awaited another pulse check on inflation after Tuesday's tepid figures sent rate-cut bets and markets soaring. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) mostly traded flat. The tech-heavy Nasdaq 100 (NQ=F) also hovered around the flatline. Stocks extended their rally Wednesday, pushing the S&P 500 and Nasdaq to consecutive record highs. Bitcoin got a boost from mounting rate-cut bets, too, reaching a new record high Wednesday evening before scaling back on those gains. Euphoria over a possible September rate cut has swept Wall Street over the past two sessions after July's Consumer Price Index report showed inflation rose as expected, but not dramatically. Traders have now fully priced in a rate cut at the Fed's next meeting, even as some Fed policymakers continue to urge patience. On Thursday, investors will be eager to see if July's Producer Price Index (PPI) report falls in line with the CPI data that has boosted sentiment this week. Friday's release on July's retail sales numbers will this week's final economic data point. In corporate news, cryptocurrency exchange operator Bullish (BLSH) rose over 10% on Thursday before the bell, hovering around $77, more than double its IPO price of $37. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending Aug. 9); Producer Price Index, (July); Earnings: (JD), Deere & Company (DE), Advanced Auto Parts (AAP), Birkenstock (BIRK), Applied Materials (AMAT), Nucor (NUE) Here are some of the biggest stories you may have missed overnight and early this morning: These stock market all-time highs aren't quite frothy 117-year high at busiest port in the US Earnings: Foxconn beats on AI demand, Deere profit falls Bullish stock tops $75 after strong IPO debut US oil producers say OPEC+ 'price war' will halt shale boom Rate cut next month doesn't seem warranted: Fed's Daly Trump's Treasury set to decide fate of of wind, solar projects Trump-fueled crypto frenzy sparks rush to Wall Street IPOs 'Tesla shame' bypasses Norway as sales jump despite Musk's politics Amazon grocery push stocks still in focus When Amazon (AMZN) goes big on something, usually the stock prices of its competitors get beat up. The latest example came on Wednesday Amazon announced plans to expand its 1,000-city fresh and perishable same-day grocery delivery to 2,300 cities by year-end. Huge deal for the grocery industry. Albertson's (ACI) and Kroger (KR) — aka traditional grocers — saw their share prices nailed. I think this is a big deal for the industry and for Amazon. The impact of Amazon's move won't be felt overnight, but just like the company's impact on department stores in recent years the aftershocks will be felt over time. EvercoreISI analyst Michael Montani with some good thoughts this morning: "While Amazon's actions increase competitive intensity, we see the change as incremental in what remains a relatively rational competitive backdrop. Consumers should win as we believe traditional grocers (and some mass players) will likely respond by reducing or eliminating their own delivery fees over time. Membership programs like Kroger Boost and Albertsons FreshPass take on an ever more important function for driving loyalty and eliminating delivery fees. We see a parallel to what happened to the traditional curbside pickup fee 3-5 years ago, namely it went away. Bigger picture, we see three mega themes playing out to shape grocery into the second half of 2025 – a) value seeking given that the elevated spread between grocery and restaurant pricing trade down into food at home should persist, b) healthy eating – demographic shifts, social media and even MAHA should combine to keep better for you products growing at around 3-4% vs. the 2.5-3% we consider normal for the broader grocery market, and c) multichannel as evidenced by our latest eCommerce survey consumers continue to prioritize the convenience of multichannel when considering where to shop in the future." I don't hate this Cisco quarter Cisco (CSCO) is always a tricky play around its earnings report. The company isn't a fast grower, and what the Street focuses on tends to shift from quarter to quarter. Sometimes its profit margins, sometimes its product orders, sometimes it's the outlook. Going through the latest, I don't hate the quarter and outlook. Gross margins were up across the board, the AI narrative and numbers were solid as well. Some weakness in the security business as expected, but the demand drivers out there suggest new full year guidance could be conservative. "We think investors should look past Public Sector weakness, which likely hurt Security growth, given the opportunity around Hyperscaler/Enterprise AI, Neoclouds, and Sovereign could quickly offset the weakness. We continue to like Cisco for these drivers of growth, and when paired with a mix shift toward software/subscription over time, healthy free cash flow growth, and shareholder returns, we believe a premium to historical valuations is warranted," KeyBanc analyst Brandon Nispel said. I am live on Opening Bid today around 9:40am ET with Cisco's new CFO Mark Patterson. So we'll get to pull apart the numbers and guidance further! Bullish stock rises to $75 after IPO debut Yahoo Finance's breaking news reporter Jake Conley looks into the Bullish (BLSH) stock market debut. Cryptocurrency exchange operator Bullish (BLSH) rose 8% on Thursday before the bell, reaching $75, doubling its IPO price of $37 and valuing the company at more than $10 billion. Still, this marked around a 16% drop from where the stock opened for trade. Bullish stock opened for trade at $90 near 1:00 p.m. ET on Wednesday, and the stock traded hands as high as $118 per share shortly after, a more than 215% gain. The stock was halted for trade due to volatility at least twice within the first few minutes of trading. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, priced its IPO at $37 per share on Tuesday, above the $32 to $33 range the company had expected in its second shot at making a public market debut. Bullish began its IPO processes looking for a price between $28 to $31 per share. At 30 million shares offered, the IPO price saw Bullish raise $1.1 billion and value the fintech company at $5.41 billion. Bullish first attempted to go public via a SPAC merger in 2021 that would have valued the company at $9 billion, but the deal fell through after regulatory scrutiny and Bullish withdrew its registration. Read more here Nvidia partner Foxconn profit jumps after AI spending rises Foxconn, also known as Hon Hai Precision Industry Co., ( HNHPF, HNHAF) said on Thursday it expects higher third-quarter revenue due to robust demand for its artificial intelligence servers, which has helped the world's largest contract electronics maker beat forecasts and see a 27% increase in second-quarter profit. Reuters reports: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending Aug. 9); Producer Price Index, (July); Earnings: (JD), Deere & Company (DE), Advanced Auto Parts (AAP), Birkenstock (BIRK), Applied Materials (AMAT), Nucor (NUE) Here are some of the biggest stories you may have missed overnight and early this morning: These stock market all-time highs aren't quite frothy 117-year high at busiest port in the US Earnings: Foxconn beats on AI demand, Deere profit falls Bullish stock tops $75 after strong IPO debut US oil producers say OPEC+ 'price war' will halt shale boom Rate cut next month doesn't seem warranted: Fed's Daly Trump's Treasury set to decide fate of of wind, solar projects Trump-fueled crypto frenzy sparks rush to Wall Street IPOs 'Tesla shame' bypasses Norway as sales jump despite Musk's politics Economic data: Initial jobless claims (week ending Aug. 9); Producer Price Index, (July); Earnings: (JD), Deere & Company (DE), Advanced Auto Parts (AAP), Birkenstock (BIRK), Applied Materials (AMAT), Nucor (NUE) Here are some of the biggest stories you may have missed overnight and early this morning: These stock market all-time highs aren't quite frothy 117-year high at busiest port in the US Earnings: Foxconn beats on AI demand, Deere profit falls Bullish stock tops $75 after strong IPO debut US oil producers say OPEC+ 'price war' will halt shale boom Rate cut next month doesn't seem warranted: Fed's Daly Trump's Treasury set to decide fate of of wind, solar projects Trump-fueled crypto frenzy sparks rush to Wall Street IPOs 'Tesla shame' bypasses Norway as sales jump despite Musk's politics Amazon grocery push stocks still in focus When Amazon (AMZN) goes big on something, usually the stock prices of its competitors get beat up. The latest example came on Wednesday Amazon announced plans to expand its 1,000-city fresh and perishable same-day grocery delivery to 2,300 cities by year-end. Huge deal for the grocery industry. Albertson's (ACI) and Kroger (KR) — aka traditional grocers — saw their share prices nailed. I think this is a big deal for the industry and for Amazon. The impact of Amazon's move won't be felt overnight, but just like the company's impact on department stores in recent years the aftershocks will be felt over time. EvercoreISI analyst Michael Montani with some good thoughts this morning: "While Amazon's actions increase competitive intensity, we see the change as incremental in what remains a relatively rational competitive backdrop. Consumers should win as we believe traditional grocers (and some mass players) will likely respond by reducing or eliminating their own delivery fees over time. Membership programs like Kroger Boost and Albertsons FreshPass take on an ever more important function for driving loyalty and eliminating delivery fees. We see a parallel to what happened to the traditional curbside pickup fee 3-5 years ago, namely it went away. Bigger picture, we see three mega themes playing out to shape grocery into the second half of 2025 – a) value seeking given that the elevated spread between grocery and restaurant pricing trade down into food at home should persist, b) healthy eating – demographic shifts, social media and even MAHA should combine to keep better for you products growing at around 3-4% vs. the 2.5-3% we consider normal for the broader grocery market, and c) multichannel as evidenced by our latest eCommerce survey consumers continue to prioritize the convenience of multichannel when considering where to shop in the future." When Amazon (AMZN) goes big on something, usually the stock prices of its competitors get beat up. The latest example came on Wednesday Amazon announced plans to expand its 1,000-city fresh and perishable same-day grocery delivery to 2,300 cities by year-end. Huge deal for the grocery industry. Albertson's (ACI) and Kroger (KR) — aka traditional grocers — saw their share prices nailed. I think this is a big deal for the industry and for Amazon. The impact of Amazon's move won't be felt overnight, but just like the company's impact on department stores in recent years the aftershocks will be felt over time. EvercoreISI analyst Michael Montani with some good thoughts this morning: "While Amazon's actions increase competitive intensity, we see the change as incremental in what remains a relatively rational competitive backdrop. Consumers should win as we believe traditional grocers (and some mass players) will likely respond by reducing or eliminating their own delivery fees over time. Membership programs like Kroger Boost and Albertsons FreshPass take on an ever more important function for driving loyalty and eliminating delivery fees. We see a parallel to what happened to the traditional curbside pickup fee 3-5 years ago, namely it went away. Bigger picture, we see three mega themes playing out to shape grocery into the second half of 2025 – a) value seeking given that the elevated spread between grocery and restaurant pricing trade down into food at home should persist, b) healthy eating – demographic shifts, social media and even MAHA should combine to keep better for you products growing at around 3-4% vs. the 2.5-3% we consider normal for the broader grocery market, and c) multichannel as evidenced by our latest eCommerce survey consumers continue to prioritize the convenience of multichannel when considering where to shop in the future." I don't hate this Cisco quarter Cisco (CSCO) is always a tricky play around its earnings report. The company isn't a fast grower, and what the Street focuses on tends to shift from quarter to quarter. Sometimes its profit margins, sometimes its product orders, sometimes it's the outlook. Going through the latest, I don't hate the quarter and outlook. Gross margins were up across the board, the AI narrative and numbers were solid as well. Some weakness in the security business as expected, but the demand drivers out there suggest new full year guidance could be conservative. "We think investors should look past Public Sector weakness, which likely hurt Security growth, given the opportunity around Hyperscaler/Enterprise AI, Neoclouds, and Sovereign could quickly offset the weakness. We continue to like Cisco for these drivers of growth, and when paired with a mix shift toward software/subscription over time, healthy free cash flow growth, and shareholder returns, we believe a premium to historical valuations is warranted," KeyBanc analyst Brandon Nispel said. I am live on Opening Bid today around 9:40am ET with Cisco's new CFO Mark Patterson. So we'll get to pull apart the numbers and guidance further! Cisco (CSCO) is always a tricky play around its earnings report. The company isn't a fast grower, and what the Street focuses on tends to shift from quarter to quarter. Sometimes its profit margins, sometimes its product orders, sometimes it's the outlook. Going through the latest, I don't hate the quarter and outlook. Gross margins were up across the board, the AI narrative and numbers were solid as well. Some weakness in the security business as expected, but the demand drivers out there suggest new full year guidance could be conservative. "We think investors should look past Public Sector weakness, which likely hurt Security growth, given the opportunity around Hyperscaler/Enterprise AI, Neoclouds, and Sovereign could quickly offset the weakness. We continue to like Cisco for these drivers of growth, and when paired with a mix shift toward software/subscription over time, healthy free cash flow growth, and shareholder returns, we believe a premium to historical valuations is warranted," KeyBanc analyst Brandon Nispel said. I am live on Opening Bid today around 9:40am ET with Cisco's new CFO Mark Patterson. So we'll get to pull apart the numbers and guidance further! Bullish stock rises to $75 after IPO debut Yahoo Finance's breaking news reporter Jake Conley looks into the Bullish (BLSH) stock market debut. Cryptocurrency exchange operator Bullish (BLSH) rose 8% on Thursday before the bell, reaching $75, doubling its IPO price of $37 and valuing the company at more than $10 billion. Still, this marked around a 16% drop from where the stock opened for trade. Bullish stock opened for trade at $90 near 1:00 p.m. ET on Wednesday, and the stock traded hands as high as $118 per share shortly after, a more than 215% gain. The stock was halted for trade due to volatility at least twice within the first few minutes of trading. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, priced its IPO at $37 per share on Tuesday, above the $32 to $33 range the company had expected in its second shot at making a public market debut. Bullish began its IPO processes looking for a price between $28 to $31 per share. At 30 million shares offered, the IPO price saw Bullish raise $1.1 billion and value the fintech company at $5.41 billion. Bullish first attempted to go public via a SPAC merger in 2021 that would have valued the company at $9 billion, but the deal fell through after regulatory scrutiny and Bullish withdrew its registration. Read more here Yahoo Finance's breaking news reporter Jake Conley looks into the Bullish (BLSH) stock market debut. Cryptocurrency exchange operator Bullish (BLSH) rose 8% on Thursday before the bell, reaching $75, doubling its IPO price of $37 and valuing the company at more than $10 billion. Still, this marked around a 16% drop from where the stock opened for trade. Bullish stock opened for trade at $90 near 1:00 p.m. ET on Wednesday, and the stock traded hands as high as $118 per share shortly after, a more than 215% gain. The stock was halted for trade due to volatility at least twice within the first few minutes of trading. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, priced its IPO at $37 per share on Tuesday, above the $32 to $33 range the company had expected in its second shot at making a public market debut. Bullish began its IPO processes looking for a price between $28 to $31 per share. At 30 million shares offered, the IPO price saw Bullish raise $1.1 billion and value the fintech company at $5.41 billion. Bullish first attempted to go public via a SPAC merger in 2021 that would have valued the company at $9 billion, but the deal fell through after regulatory scrutiny and Bullish withdrew its registration. Read more here Nvidia partner Foxconn profit jumps after AI spending rises Foxconn, also known as Hon Hai Precision Industry Co., ( HNHPF, HNHAF) said on Thursday it expects higher third-quarter revenue due to robust demand for its artificial intelligence servers, which has helped the world's largest contract electronics maker beat forecasts and see a 27% increase in second-quarter profit. Reuters reports: Read more here. Foxconn, also known as Hon Hai Precision Industry Co., ( HNHPF, HNHAF) said on Thursday it expects higher third-quarter revenue due to robust demand for its artificial intelligence servers, which has helped the world's largest contract electronics maker beat forecasts and see a 27% increase in second-quarter profit. Reuters reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Stocks Muted Before the Open With Key U.S. PPI Data in Focus
September S&P 500 E-Mini futures (ESU25) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.08% this morning, taking a breather after recent gains, while investors look ahead to crucial U.S. producer inflation data for insight into how aggressively the Federal Reserve may cut interest rates. Today's PPI data 'could be make or break to cement a 25 basis-point rate cut from the Fed, or even to encourage the possibility of a jumbo cut,' said Andrea Gabellone, head of global equities at KBC Securities. More News from Barchart Why This Cannabis Penny Stock Could Be Wall Street's Next Meme Trade Breakout Apple Stock Is Gaining Momentum, Is AAPL Stock a Buy? Peter Thiel-Backed Bullish Is About to IPO. Should You Buy BLSH Stock? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! In yesterday's trading session, Wall Street's major indexes ended in the green, with the S&P 500 and Nasdaq 100 posting new record highs. Chip stocks climbed amid growing expectations for Fed rate cuts, with Advanced Micro Devices (AMD) rising over +5% and NXP Semiconductors N.V. (NXPI) gaining more than +4%. Also, (AMZN) advanced over +1% after announcing plans to expand its same-day grocery delivery service to 2,300 cities by the end of the year. In addition, Intapp (INTA) surged more than +15% after the AI cloud company posted upbeat FQ4 results and announced a $150 million stock buyback. On the bearish side, CoreWeave (CRWV) tumbled more than -20% after the AI cloud vendor reported a wider-than-expected Q2 loss. Chicago Fed President Austan Goolsbee said on Wednesday that the central bank's meetings this fall will be 'live,' as he and his colleagues work to interpret mixed economic data and determine how best to adjust interest rates in response. 'As we go into the fall, these are going to be some live meetings and we're going to have to figure it out,' Goolsbee said. At the same time, Atlanta Fed President Raphael Bostic said he still considers one interest rate cut appropriate in 2025 if the labor market remains solid. Meanwhile, U.S. rate futures have priced in a 100% chance of a 25 basis point rate cut at September's monetary policy meeting. Today, all eyes are focused on the U.S. Producer Price Index, which is set to be released in a couple of hours. Economists, on average, forecast that the U.S. July PPI will stand at +0.2% m/m and +2.5% y/y, compared to the previous figures of unchanged m/m and +2.3% y/y. The U.S. Core PPI will also be closely monitored today. Economists expect July figures to be +0.2% m/m and +2.9% y/y, compared to June's numbers of unchanged m/m and +2.6% y/y. U.S. Initial Jobless Claims data will be released today as well. Economists estimate this figure will come in at 225K, compared to last week's number of 226K. In addition, market participants will be looking toward a speech from Richmond Fed President Tom Barkin. On the earnings front, notable companies like Applied Materials (AMAT) and Deere & Company (DE) are scheduled to report their quarterly figures today. In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.209%, down -0.68%. The Euro Stoxx 50 Index is up +0.22% this morning as investors digest a flurry of regional economic data while keeping their attention on geopolitical developments. Defense stocks rose on Thursday after U.S. officials downplayed the likelihood of a ceasefire deal in Ukraine being reached at Friday's meeting between Trump and Putin. Insurance stocks also gained ground, supported by solid results from Admiral and Aviva. Eurostat said in an update on Thursday that the Eurozone's gross domestic product growth for the second quarter stood at 0.1%, in line with a preliminary estimate. Separately, data from the Office for National Statistics showed that the U.K. economy slowed in the second quarter but still expanded, demonstrating resilience in the face of higher U.S. tariffs that weighed on exports and increased business taxes that dampened hiring. In addition, data showed that Eurozone industrial production fell more than expected in June, reflecting the impact of the pullback of tariff front-running. Meanwhile, investors are awaiting Friday's summit between the U.S. and Russian leaders. U.S. President Donald Trump warned that he would impose 'very harsh consequences' if Vladimir Putin failed to agree to a ceasefire in the war with Ukraine. In corporate news, Embracer Group AB ( plunged over -24% after the gaming company posted weaker-than-expected FQ1 operating profit. Also, Carlsberg AS ( slumped more than -5% after the Danish brewer reported half-year profit and volume that missed estimates. U.K. GDP (preliminary), France's CPI, Eurozone's GDP (second estimate), Eurozone's Employment Change (preliminary), and Eurozone's Industrial Production data were released today. U.K. GDP has been reported at +0.3% q/q and +1.2% y/y in the second quarter, stronger than expectations of +0.1% q/q and +1.0% y/y. U.K. June GDP stood at +0.4% m/m and +1.4% y/y, stronger than expectations of +0.2% m/m and +1.1% y/y. The French July CPI rose +0.2% m/m and +1.0% y/y, in line with expectations. Eurozone GDP came in at +0.1% q/q and +1.4% y/y in the second quarter, in line with expectations. Eurozone Employment Change arrived at +0.1% q/q and +0.7% y/y in the second quarter, compared to expectations of +0.2% q/q and +0.6% y/y. Eurozone June Industrial Production stood at -1.3% m/m and +0.2% y/y, weaker than expectations of -0.9% m/m and +1.7% y/y. Asian stock markets today closed in the red. China's Shanghai Composite Index (SHCOMP) closed down -0.46%, and Japan's Nikkei 225 Stock Index (NIK) closed down -1.45%. China's Shanghai Composite Index gave up earlier gains and ended lower today as cautious investors took profits ahead of key economic data from the country. Steel and communication stocks underperformed on Thursday. Data released on Wednesday after the market closed showed that China's new yuan loans turned negative in July for the first time in two decades, primarily due to the suspension of consumer trade-in programs and weaker property sales. New yuan loans shrank by 50 billion yuan ($6.97 billion) in July, coming in below even the most pessimistic analysts' forecasts. The data followed China's announcement earlier this week that it will provide interest subsidies to businesses in eight consumer service sectors, including catering and tourism, in a bid to boost services consumption amid a slowing economy. Barclays economists said in a note, 'We think offering interest subsidies in targeted areas, instead of rate cuts, is an indication of the PBOC's continued reservation to cut rates.' Meanwhile, Bloomberg News reported on Thursday that China is planning to mobilize companies owned by the central government in Beijing to purchase unsold homes from struggling property developers. Regulators plan to ask some of the largest state-owned enterprises and bad debt managers, including China Cinda Asset Management, to help clear the housing glut. In corporate news, Tencent gained about +0.7% in Hong Kong after the internet giant topped estimates in all reporting segments. Investor focus now turns to a flurry of China's official data, scheduled for release on Friday, which will provide the most comprehensive view yet of the country's economic momentum in July. Japan's Nikkei 225 Stock Index ended lower today, retreating from the record high set in the prior session, as the yen strengthened amid concerns that the Bank of Japan may soon raise interest rates. Investors also seemed to take profits amid mounting concerns about the market overheating following the recent rally. Heavy-industry and electronics stocks led the declines on Thursday. Meanwhile, the Japanese currency rose the most in almost two weeks on Thursday after U.S. Treasury Secretary Scott Bessent said the BOJ is falling 'behind the curve' in tackling inflation and that he expected it to raise rates. Bessent's comments on the BOJ mark a rare example of criticism of a foreign central bank's policy decisions. The remarks contrast with those of BOJ Governor Kazuo Ueda, who has repeatedly dismissed the notion that the central bank is moving too slowly to raise rates and might be late in forestalling too-high inflation. The BOJ, at its latest meeting in July, left rates unchanged but revised up its inflation projections and presented a more optimistic view of the economy, sustaining market expectations for a rate hike later this year. According to the latest Bloomberg survey of economists tracking the BOJ, about 42% of respondents said they anticipate a hike in October, while one-third expect a move in January. Investors now await Japan's preliminary second-quarter GDP data, scheduled for release on Friday. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed up +0.24% to 24.56. Pre-Market U.S. Stock Movers Cisco Systems (CSCO) fell more than -1% in pre-market trading after the computer networking company gave a cautious full-year forecast. Ibotta (IBTA) plummeted over -32% in pre-market trading after the performance marketing platform posted downbeat Q2 results and issued below-consensus Q3 revenue guidance. Coherent (COHR) plunged more than -19% in pre-market trading after the optical networking company provided soft FQ1 guidance. You can see more pre-market stock movers here Today's U.S. Earnings Spotlight: Thursday - August 14th Applied Materials (AMAT), Deere&Company (DE), Nu Holdings (NU), Tapestry (TPR), Credicorp (BAP), Applied Industrial Technologies (AIT), Birkenstock Holding (BIRK), Vipshop (VIPS), Energy of Minas Gerais (CIG), First Majestic Silver (AG), Golar (GLNG), Advance Auto Parts (AAP), Globant SA (GLOB), Cellebrite (CLBT), Weibo Corp (WB), Celcuity (CELC), TMC the metals company (TMC), Nano Nuclear Energy (NNE), Afya (AFYA), Evolv Technologies Holdings (EVLV), Acuren (TIC), Jefferson Capital (JCAP), Youdao (DAO), Bit Digital (BTBT), Venu Holding (VENU), AIRO Holdings (AIRO), Group (GAMB), Unusual Machines (UMAC), Canaan (CAN), Allot (ALLT), Innovative Solutions (ISSC), Strattec (STRT), Omeros (OMER), Fennec Pharma (FENC), Digimarc (DMRC), Mediwound (MDWD), SWK Holdings (SWKH), Biostem Tech (BSEM), Profound Medical (PROF), Origin Materials (ORGN), Protalix (PLX), Sunlands Tech (STG), Duos Tech (DUOT), Bragg Gaming (BRAG). On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
2 hours ago
- Yahoo
Social Security's 2026 COLA Forecast Was Just Updated. Here's the Latest.
Key Points Social Security benefits are eligible for a cost-of-living adjustment (COLA) each year. Based on recent inflation data, 2026's COLA estimate just increased to 2.7%. Though that would be an improvement from 2025's COLA, it's not set in stone. The $23,760 Social Security bonus most retirees completely overlook › It's not an easy thing to get by in retirement on Social Security alone (or mostly on those benefits). But for many seniors, that's their reality. People who get most or all of their income from Social Security depend heavily on the program's annual cost-of-living adjustments, or COLAs, to stay afloat financially and keep up with their expenses as living costs rise. And at this stage of the year, a lot of Social Security recipients are eager to know what 2026's COLA will look like. Unfortunately, it's a bit premature to have an answer. Social Security COLAs are based on third quarter data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). So until there's a complete set of data for July, August, and September, the Social Security Administration cannot make its next COLA official. Still, recent inflation data gives us a clue as to what COLA seniors may be in line for in 2026. And it's actually good news compared to previous estimates. Social Security's 2026 COLA projection just went up Many seniors are hoping that 2026's Social Security COLA will be better than the 2.5% raise they got this past January. In that regard, there's an update retirees are apt to like. The Senior Citizens League, an advocacy group, releases data on Social Security COLAs based on recent inflation readings. In mid-August, it upped its 2026 COLA projection to 2.7%, which would be a notch higher than seniors' 2025 raise. It's also worth noting that the Senior Citizens League has steadily raised its 2026 COLA forecast since March. That month, the group predicted a 2.2% raise for 2026. The month after, that projection rose to 2.3%, and it's been climbing since. In fact, just a month ago, seniors on Social Security were told to expect a 2.6% raise in 2026. If this trend continues, Social Security recipients could be in line for a COLA next year that's pretty close to 3%. A modest COLA may be ideal If you're on Social Security, you may be hoping for the largest COLA possible in 2026. But you should know that a modest COLA, as opposed to a huge one, may be pretty optimal. A modest COLA in the upper 2% range is an indication that inflation is elevated, but not necessarily to an extreme extent. If seniors end up with a 2.7% COLA in 2026, it will mean two things -- that inflation didn't jump so much during the latter part of 2025, and that 2025's COLA of 2.5% held up pretty nicely. A lot of people are worried about an uptick in inflation in the coming months due to tariffs. So while those could push inflation and next year's COLA higher, it's better off for consumers of all ages if they don't. An official COLA announcement is set to come out in October, so that's when you'll really want to be on the lookout for news. Until then, you can keep tabs on inflation to get a sense of what your benefits might look like in the new year. The $23,760 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known could help ensure a boost in your retirement income. One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Join Stock Advisor to learn more about these Motley Fool has a disclosure policy. Social Security's 2026 COLA Forecast Was Just Updated. Here's the Latest. was originally published by The Motley Fool Sign in to access your portfolio
