CNBC Daily Open: Key inflation gauge puts focus on rate cuts
Publishing timestamp: 2024-02-12 19:41:21
Summary
The Dow closed at a fresh record, while the S&P 500 closed slightly down. China's lack of confidence is seen as a problem for its growth prospects. Trump's comments on NATO sparked backlash. Bitcoin surged past $50,000. Despite China's issues, there are still investment opportunities. Wall Street awaits the U.S. inflation report, which may impact the Fed's decision on interest rates.
Sentiment: MIXED
Tickers: ALK, F, DHI, US10Y, BABA, WBD, QCOM, FOX, MCD, ARM, MMM, SNAP, NFLX, MSFT, VZ, META, IRBT, AMZN, 7974.T-JP, BTC.CB=, AAPL, DBSM-SG, FOXA, PLTR, APX-AU, CME, NTDOY, MCO, WWE, NDAQ, OXY, .SPX, .DJI, ZE594-CN, CTRN, GOOGL, BA, .KS11, DIS, .IXIC, BYDDY, LMT, TSLA,
Keywords: china, cme group inc, irobot corp, moody's corp, masayoshi son, 3m co, iran, apple inc, beijing, verizon communications inc, united states, netflix inc, world markets, tesla inc, india, south korea, u.s. 10 year treasury, alibaba group holding ltd, bob iger, economic events, qualcomm inc, business news, japan, fox corp. class b, nasdaq composite, alphabet inc, christine lagarde, taiwan, nasdaq inc, amazon.com inc, dbs group holdings ltd, walt disney co, bitcoin/usd coinbase, labor economy, appen ltd, dr horton inc, citi trends inc, byd co ltd, jerome powell, microsoft corp, nikki haley, markets, dow jones industrial average, elon musk, warner bros discovery inc, alaska air group inc, joe biden, arm holdings plc, prices, snap inc, nintendo co ltd, palantir technologies inc, donald trump, janet yellen, ford motor co, personnel, occidental petroleum corp, ukraine, kospi index, iphone, world wrestling entertainment inc, earnings, meta platforms inc, mcdonald's corp, fox corp. class a, saudi arabia, boeing co, s&p 500 index, iraq, lockheed martin corp,
Source: https://www.cnbc.com/2024/02/13/cnbc-daily-open-key-inflation-gauge-puts-focus-on-rate-cuts.html