PPI data, Fedspeak, CarMax earnings: What to watch

As the trading day draws to a close, Yahoo Finance anchors Julie Hyman and Josh Lipton preview the key events to watch for Thursday, April 11th, 2024.

On the economic data front, the spotlight will be on the release of the Producer Price Index (PPI) report. This data will provide further insights into the strength of the economy and offer clues as to how the Federal Reserve may proceed with potential rate cuts.

Multiple Federal Reserve officials are scheduled to deliver commentary, including remarks from Fed Governor Michelle Bowman and Atlanta Fed President Raphael Bostic. Their views on the appropriate path for interest rates following March's hot CPI print will be highly anticipated.

The earnings calendar features reports from companies such as Constellation Brands (STZ) and CarMax (KMX).

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This post was written by Angel Smith