Urban Outfitters, Tilly's, and Kohl's Shares Skyrocket and Plummet, What You Need To Know
A number of stocks traded in opposite directions in the afternoon session after the August Producer Price Index rose 5.4% year-over-year and crude oil climbed past $100 per barrel, fueling renewed fears of stubborn inflation and extended borrowing costs. According to the U.S. Bureau of Labor Statistics, the Producer Price Index for final demand increased 0.4% month-over-month in August, driven largely by rising energy and diesel fuel costs. The 5.4% annual increase topped forecasts, underscoring
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