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Market Update: ALB, CC

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Chemours Company (The) (CC) Stock Forecasts

AllMarket Update

Argus•March 11, 2024
Sector(s)

Basic Materials

Summary

U.S. stocks were lower on Monday morning as investors await key inflation data (CPI) on Tuesday. Expectations are for headline CPI to tick up sequentially to 0.4% from 0.3% last month, leaving the annual rate unchanged at 3.1%. Core CPI is expected to increase at 0.3%, down from 0.4% — which will bring annual core CPI to 3.7%, down from 3.9% last month. The Dow fell 0.3%, the S&P 500 was down 0.4%, and the Nasdaq lost 0.4%. Crude oil traded near $78 per barrel, while gold rose $4 to $2189 per ounce.

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