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[hfe_template id='11223'] [ad_1] NEW YORK, - The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.S. economy. Stocks oscillated between gains and losses throughout the day. Equities received an initial lift from a Labor Department report that showed the producer price index rose less than expected in December, although the report failed to materially affect expectations about the Federal Reserve's likely path of monetary policy this year. Investors awaited Wednesday's consumer price index reading, which will further shape expectations for inflation and the Fed. "There is an inherent level of uncertainty out there about where rates and the Fed is headed," said Chris Fasciano, chief market strategist at Commonwealth Financial Network. "Now we'll see what tomorrow morning brings,...

[hfe_template id='11223'] [ad_1] Global stocks rose on Friday, lifted by U.S. bank earnings, and on track for a weekly gain while U.S. Treasury yields were mostly lower after inflation and consumer confidence reports solidified expectations for the path of Federal Reserve rate cuts. The U.S. producer price index for final demand was unchanged in September, slightly below the forecast of economists polled by Reuters for a gain of 0.1%. It followed an unrevised 0.2% increase in August, indicating inflation continues to cool and giving the Fed leeway to continue cutting interest rates. In the 12 months through September, the PPI increased 1.8% versus the 1.6% estimate. On Thursday, the consumer price index turned out to be slightly higher than expected as goods costs increased. The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 68.9 this month, compared with a final reading of 70.1 in September and below the 70.8 est...