Stocks fell in the afternoon session due to a sharp rise in wholesale inflation, with the July 2025 Producer Price Index (PPI) jumping 0.9%. This increase, the largest in over three years, points to rising cost pressures for manufacturers, impacting corporate profits and complicating Federal Reserve interest rate decisions. Crane’s shares, relatively stable in the past year, dropped significantly, reflecting market concerns over the news. Despite this, Crane is up 26.5% year-to-date, trading near its 52-week high. President Trump’s policies adding economic uncertainty may further impact markets. Investors should consider the impact of generative AI on large corporations.
Read more at Reuters: Matrix Service, Proto Labs, ESAB, Global Industrial, and Crane Shares Are Falling, What You Need To Know
