Jul. Jump in Wholesale Inflation Slows Stock Surge
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For investors, the July CPI print was just right, as it raised the odds of a rate cut at the next Fed meeting while showing that inflation isn't spiraling.
July's solid 0.5% increase in retail sales was giving way to greater optimism in the stock market on Friday about the ability of consumer
The latest inflation updates roll in this week and Wall Street is watching to see how much of an impact tariffs are having on cost pressures.
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Short bets on S&P 500 Healthcare sector ease in July; Moderna remains most heavily shorted stock
The average short interest in the S&P 500 Health Care Index Sector (NYSEARCA:XLV) dipped slightly in July to 1.95% from 1.96% in June. However, Moderna (NASDAQ:MRNA) held its position as the sector's most heavily shorted stock,
Factory-gate prices rose by a much stronger-than-expected 0.9% in July
Take into account that the stock was priced around $55 in mid-May 2025 and has already surged by nearly 2x in less than 3 months.
July PPI surged 0.9%, spiking costs across goods & services. Explore tariff impacts, market reactions, and the Fed's potential September rate cut.
Shares of Nvidia ( NVDA -0.44%) surged in July, jumping 12.6%, according to data supplied by S&P Global Market Intelligence. The catalysts that sent the semiconductor specialist higher were ongoing developments in the field of artificial intelligence (AI) and a new benchmark for the stock.