CNBC Daily Open: Lingering embers of inflation
Publishing timestamp: 2023-09-06 19:51:01
Summary
U.S. stocks experienced a sell-off, with major indexes closing in the red. Germany's manufacturing orders also saw a big decline. Apple signed an agreement with Arm, boosting excitement around Arm's upcoming IPO. The European Commission designated several tech giants as "gatekeepers" under its new Digital Markets Act. Goldman Sachs updated its conviction list, adding a new company and removing another. Inflationary pressures and the threat of higher interest rates are causing market concerns. Tech stocks were particularly affected, leading to losses in the Nasdaq Composite.
Sentiment: MIXED
Tickers: NVDA, .SPX, AAPL, .DJI, .IXIC,
Keywords: united states, interest rates, bob iger, business news, s&p 500 index, world markets, dow jones industrial average, technology, nvidia corp, inflation, markets, nasdaq composite, apple inc, media, economic events,
Source: https://www.cnbc.com/2023/09/07/stock-markets-lingering-embers-of-inflation-.html