13May2021 Midday Update: Oil Prices See Biggest Daily Fall Since Early April, WTI Slips To 63.55, DOW Up 458 Points At 12:30 ET, Nasdaq Up 0.8%, Colonial Pipeline Paid Hackers Nearly $5 Million
Written by Gary
Markets surge as transitory inflation narrative reasserts itself as investors digest inflation and jobs data (SPY +1.2%). Producer Price Final Demand Again Increased Significantly.
Source: http://econintersect.com/pages/market/market.php?post=202105131127
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