Stock Market Steps Back As Investors Eye CPI; Software Drags Nasdaq, But Asset Managers Jump
19 Articles
19 Articles
The rise in oil prices, as no US-Iran agreement is in sight, has brought back inflationary concerns to the US market, which is now anxiously awaiting tomorrow's CPI data that will shape expectations for the Fed's next moves.
The impasse in the negotiations between the United States and Iran deepened after the rhetorical escalation of US President Donald Trump, who demanded compensation for deaths in the war in response to Tehran's request for financial compensation to end the conflict. The increase in tensions widened the high oil prices, with Brent close to $90 per barrel, and reinforced concerns about inflation before the release of data in Brazil and the United S…
Wall Street set new records and stepped on the brake waiting for July inflation. Trump promised a deal with Iran that hasn’t arrived yet. What is expected, Gekko? What are the dangers on the horizon?
Futures: Three AI Winners Late; CPI Report Due
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. Nvidia partners Lumentum, Super Micro Computer and CoreWeave reported after the close. The July CPI inflation report is due before the open. The stock market continued to pause as oil prices rose again…
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