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US Stocks Slip as Wall Street Braces for an Update on Inflation
UNITED STATES, AUG 10 – Investors await Tuesday and Thursday inflation reports that will influence Federal Reserve rate decisions amid Nvidia's rebuttal of Chinese national security claims.
- On August 11, 2025, U.S. stocks hovered near record highs with the Dow up 0.2% ahead of inflation data.
- Ahead of the Fed, analysts expect the consumer price index for July to be released Tuesday, with a 0.2% increase, and the producer price index on Thursday with forecasts of 0.2% and 0.3%.
- Meanwhile, the Fed has held off on rate cuts as several Fed officials are scheduled to speak throughout the week, and Stephen Miran’s appointment adds a dovish vote.
- Amid muted moves, Woods noted “We are probably going to be more in a digestion phase than anything else,” emphasizing the CPI data as crucial.
- Later this week, Nvidia pushed back Sunday against Chinese media allegations that its H20 AI chips pose a security risk, with a spokesperson stating `cybersecurity is critically important to us.
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U.S. stocks drift around their record heights as Wall Street braces for an update on inflation
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·Pittsburgh, United States
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U.S. stock futures inch higher ahead of inflation reports this week
U.S. stock-market futures struggled for direction Sunday, as investors await a potentially tumultuous week. Article Attribution | Read More at Article Source The post U.S. stock futures inch higher ahead of inflation reports this week appeared first on RocketNews.
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Total News Sources109
Leaning Left24Leaning Right8Center50Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 29%
C 61%
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