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0.00105485232067522 0.000320223025919366 -0.000188366485834883 0.000263713080168751 -0.00165762507534659 0.00226039783001817 0.00369198312236294 0.00261829415310425
Stock impact report

Consumer sentiment tumbles as inflation fears surge [MSNBC.com]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: MSNBC.com
Consumer sentiment slumped asinflationTheUniversity of Michigan Survey of Consumers sentiment indexAlong with the downbeat sentiment measure, the outlook for inflation across the one- and five-year horizons increased.The one-year outlook jumped to 3.5%, up 0.3 percentage point from a month ago to the highest level since November.Also, the five-year outlook rose to 3.1%, an increase of just 0.1 percentage point but reversing a trend of lower readings in the past few months, also to the highest since November."While consumers had been reserving judgment for the past few months, they now perceive negative developments on a number of dimensions," said Joanne Hsu, the survey's director. "They expressed worries that inflation, unemployment and interest rates may all be moving in an unfavorable direction in the year ahead."Other indexes in the survey also posted substantial declines: The current conditions index fell to 68.8, down more than 10 points, while the expectations measure fell to 6 Show less Read more
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