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Inflation data boosts rate cut hopes: Market takeaways

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Federal Reserve,Consumer Price Index

Stocks ended the day higher (^DJI,^GSPC, ^IXIC) after the July Consumer Price Index report showed inflation is continuing to cool and giving investors...

) after the July Consumer Price Index report showed inflation is continuing to cool and giving investors assurance that the Federal Reservetakes a closer look at what drove trading on Wednesday, including the decline in volatility and the ongoing concerns about the tech sector.Stocks closing higher after a key inflation made measure increases at the slowest pace in three years here with the trading day takeaways.

You can see the trough right there for the dow and then we've started to recover some of those losses.But I want to really highlight the Vicks because that's something that we've seen really have this record retreat.And I was reading a note from that sort of reminded me about how we all just need to take a chill pill.

I want to take a look at a heat map here because the NASDAQ was significantly under pressure throughout the session.But you're seeing alphabet closed down more than 2% Tesla, another mag seven name closing down more than 3%. BEREA, Ohio — Cleveland Browns rookie defensive tackle Mike Hall Jr. got hurt in practice on Wednesday, one day after he was arrested and charged with domestic violence for allegedly putting a gun to his fiancee's head during an argument.Motorcyclist pleads guilty to vehicular homicide and gets 17 years for Georgia state trooper's death

 

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