Inflation Data Sparks Market and Policy Uncertainty
TL;DR Summary
Stock markets showed muted reactions to unexpected inflation data, with ETFs SPY and QQQ remaining steady, while the Trump administration is considering taking an equity stake in Intel, signaling potential strategic moves in the tech sector.
- Stock Market News Review: SPY, QQQ Muted amid Unexpected Inflation Data; Trump Administration Weighing Intel Stake TipRanks
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- Why inflation’s got you down, even if it’s not really happening (yet) CNN
- US wholesale prices jump in July as tariffs hit BBC
- Hot wholesale prices data puts wrinkle in Fed's rate-cut roadmap Reuters
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