🔴 TRI is trading 5% down today as hot PPI data and geopolitical tensions dim rate cut hopes

TRI is trading at $82.89 (-5.01%) today as hotter-than-expected April PPI data and rising geopolitical tensions trigger a broad market sell-off.

• April PPI data rose 0.9% MoM, exceeding expectations and dampening hopes for near-term Federal Reserve rate cuts.
• The stock is moving in line with major indices like the S&P 500 and Dow amid a lack of company-specific news for Thomson Reuters.
• Geopolitical instability in the Middle East continues to weigh on investor sentiment, extending the stock's recent weekly declines.