for July. Economists expect consumer prices to have risen by 3% over the last year, which would be unchanged from June. On a month-over-month basis, expectations are for a 0.2% increase after a surprise decline in June prices.
Starbucks stock is surging Tuesday following the announcement that Chipotle's CEO Brian Niccol will be taking over as Starbucks' new chief executive, replacing Laxman Narasimhan. BTIG managing director Peter Saleh joins Market Domination to discuss the potential impact of this leadership change on Starbucks' future. Saleh expresses confidence in Niccol's appointment, noting he has "a lot of experience to bring with him.
While inflation hit 2.2% in June, signs of easing pressure in the services sector fuelled hopes of more rate cuts by the Bank.The rise of faux Spanish lager brand Madrí Excepcional is denting Carlsberg’s sales in the UK, the boss of the Danish brewer has said.The surprise operation has given Ukraine its biggest battlefield gains since 2022 after months on the backfoot.
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Stock market today: Wall Street opens higher after inflation report comes in better than expectedNEW YORK (AP) — U.S. stocks are rising, and Wall Street is relaxing a bit after the first of several highly anticipated reports on the economy this week came in better than expected. The S&P 500 was 0.
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Stock market today: Wall Street is steady ahead of big tests coming later in the weekNEW YORK (AP) — Wall Street is holding relatively steady, as markets around the world stabilize following a wild week. The S&P 500 was up 0.3% in early trading Monday. The Dow Jones Industrial Average rose 58 points, or 0.
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Stock market today: Stocks wobble as Wall Street looks to end volatile week on high noteA wild week on Wall Street is coming to a close.
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Stock market today: S&P 500, Nasdaq surge as wild week on Wall Street continuesStocks rallied on Thursday as a fresh reading on weekly unemployment claims helped calm recession fears.
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Stock market news today: Market rebound wavers in volatile week on Wall StreetStocks rose on Wednesday as investors looked to build on Tuesday's trading session that snapped a 3-day losing streak.
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Stock market today: Wall Street tumbles on worries about U.S. economy after weak jobs reportWall Street pointed sharply lower early Friday morning after a worse-than-expected government employment report spooked investors who were already panicked over signs of weakness in the U.S. economy. Futures for the S&P 500 were down 1.
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