U.S. markets close in 3 hours 6 minutes
  • S&P 500

    4,244.50
    -10.65 (-0.25%)
     
  • Dow 30

    34,268.50
    -125.25 (-0.36%)
     
  • Nasdaq

    14,081.10
    -93.04 (-0.66%)
     
  • Russell 2000

    2,312.97
    -13.18 (-0.57%)
     
  • Crude Oil

    71.96
    +1.08 (+1.52%)
     
  • Gold

    1,855.00
    -10.90 (-0.58%)
     
  • Silver

    27.60
    -0.44 (-1.57%)
     
  • EUR/USD

    1.2129
    +0.0006 (+0.05%)
     
  • 10-Yr Bond

    1.5010
    0.0000 (0.00%)
     
  • GBP/USD

    1.4081
    -0.0027 (-0.19%)
     
  • USD/JPY

    110.1160
    +0.0550 (+0.05%)
     
  • BTC-USD

    40,204.12
    +236.07 (+0.59%)
     
  • CMC Crypto 200

    1,001.55
    -9.06 (-0.90%)
     
  • FTSE 100

    7,172.48
    +25.80 (+0.36%)
     
  • Nikkei 225

    29,441.30
    +279.50 (+0.96%)
     

Rising Consumer Prices Troublesome: Summers

May.14 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, says that the April jump in consumer prices should be cause for concern because prices are rising faster than he had predicted. He thinks that the housing market is evidence that factors the Fed considers to be transitory are in fact real inflation. He joins David Westin on "Bloomberg Wall Street Week.