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Stock impact report

Shift4, Affirm, Voya Financial, StepStone Group, and Ares Stocks Trade Down, What You Need To Know [Yahoo! Finance]

Voya Financial, Inc. (VOYA) 
Last voya financial, inc. earnings: 2/10 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.voya.com
Company Research Source: Yahoo! Finance
The U.S. Bureau of Labor Statistics reported that the PPI, a key measure of inflation at the wholesale level, increased by 0.5% last month, significantly above the 0.3% consensus forecast from economists. On a year-over-year basis, the index rose 2.9%. This unexpectedly high reading suggests that inflationary pressures in the supply chain are more persistent than previously thought. The data has dampened investor optimism for near-term interest rate cuts from the Federal Reserve, as the central bank is less likely to lower borrowing costs while inflation remains elevated. This shift in expectations for monetary policy triggered a broad sell-off across the market, as traders adjusted to the possibility of interest rates remaining higher for longer. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Payment Processing company Shift4 (NYSE:FOUR) fell 8.8%. Is now the Show less Read more
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