Global Business Week: 20 Largest Consumer Markets

The state of Financial markets & Economies, Weekly Charts, Business Trends & Statistics

Stocks declined on Friday, closing the week in negative territory following a second inflation report that raised concerns about the Federal Reserve potentially delaying interest rate cuts. The January producer price index, released on Friday, exceeded expectations, rising by 0.3%, while the core PPI, excluding food and energy prices, surged by 0.5%. This resulted in a spike in the 10-year Treasury yield to above 4.3%, and the two-year Treasury yield reached over 4.7%, marking its highest level this year.