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- US Inflation Cools Again
US Inflation Cools Again
CPI | Nvidia rallies | Presidential debate
Welcome Back,
Market Headlines 👀
US CPI comes in cooler at 2.5% YoY for the month of August.
US PPI report will be released tomorrow morning at 8:30 a.m. EST.
Nvidia (NVDA) CEO Jensen Huang spoke at the Goldman Sachs tech conference today addressing Blackwell and more.
Open AI is in talks to raise $6.5b at a $150b valuation.
US traders scaled back their bets on Trump following the debate yesterday.
Amazon (AMZN) announces a $10b+ investment into UK over the next five years to operate and build new data centers.
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S&P 500 Heatmap 🔥
Recap Around the Street 🧠
US Inflation came in at 2.5% YoY and core CPI came in at 3.2%. Housing / shelter continues to be a key driver holding inflation at higher levels.
Source: NY Times
Source: NY Times
Market Preview 🎞️
Thursday, September 12th: Weekly jobless claims; Price producer index (PPI);
Friday, September 13th: University of Michigan consumer sentiment
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