Straits Times Index
3,426.47 -3.98 (-0.12%) Nikkei
37,667.41 -202.10 (-0.53%) Hang Seng
17,021.31 +16.34 (+0.10%) FTSE 100
8,285.71 +99.36 (+1.21%) Bitcoin USD
69,311.41 +1,751.93 (+2.59%) CMC Crypto 200
1,392.36 +61.75 (+4.64%)
Bitcoin USD (BTC-USD)
- Yahoo Finance
Crypto libertarians and Silicon Valley billionaires: The mashup fueling new support for Trump
Donald Trump looks to solidify support from the crypto world with a speech before thousands of bitcoin enthusiasts in Nashville.
- Yahoo Finance Video
June PCE inflation print, auto earnings: Morning Brief
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, showed prices rising at its slowest rate in over three years while core PCE data came largely in-line with expectations. Seana Smith and Jared Blikre help investors start the day off right, highlighting the biggest market stories this morning as the three major averages (^DJI, ^IXIC, ^GSPC) digest the June PCE print. Bank of America Securities head of US economics Michael Gapen joins the program to shine a light on how the Fed may be looking at the June PCE data, alongside other recent inflation prints, in terms of its interest rate cut strategy. Bernstein senior analyst Daniel Roeska also sits down with The Morning Brief team to cover the auto industry's earnings performance this week, including Tesla (TSLA) and Stellantis (STLA). Other top trending tickers on the Yahoo Finance platform include the 3M Company (MMM), Deckers Outdoor (DECK), DexCom (DXCM), Norfolk Southern (NSC), and Coursera (COUR). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
June PCE, Trump at crypto conference, Apple: 3 Things
Stock futures (^DJI, ^IXIC, ^GSPC) are gleefully in the green after the Personal Consumption Expenditures (PCE) index saw — the Federal Reserve's preferred inflation gauge — saw prices rose at the slowest pace in over three years. Republican presidential nominee Donald Trump will be speaking at a bitcoin conference in Nashville, TN, on Saturday. Reports have indicated that as Apple's (AAPL) iPhone sales continue to decline in China, Apple's standing in the region has fallen out as one of the top five smartphone makers. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
