U.S. Producer-Price Index Fell in June
The producer-price index declined by 0.3% in June, the Labor Department said, after increasing by an elevated 0.6% in May. Analysts had estimated that producer prices held steady last month.
Bank of Canada Keeps Policy Rate Unchanged Amid Signs of Economic Recovery
The central bank offered an updated outlook which predicts economic growth to ramp up markedly in the second quarter and remain in positive territory through 2028.
Megacap Tech Names Push Indexes Higher
