CNBC Daily Open: Lingering inflation problem
Publishing timestamp: 2024-02-14 02:30:01
Summary
The article discusses the decline in markets, particularly in Asia, following Wall Street's sell-off due to higher-than-expected U.S. inflation data. It also mentions Sony's quarterly revenue exceeding estimates, Indonesia's upcoming elections, the retreat of cryptocurrencies, and Japan's emergence as an investment opportunity. The article highlights the disappointment in the inflation data and its impact on the market, as well as the concerns it raises for the Federal Reserve and the timing of interest rate cuts.
Sentiment: NEGATIVE
Tickers: BABA, BTC.CB=, META, APX-AU, AAPL, PLTR, FOXA, NFLX, MSFT, QCOM, CTRN, .IXIC, .SPX, NTDOY, US10Y, 6758.T-JP, CME, DBSM-SG, LMT, IRBT, .N225, DHI, FOX, OXY, SONY, .KS11, 7974.T-JP, ARM, NDAQ, AMZN, .RUT, WBD, MCO, WWE, SNAP, .DJI, BA, TSLA, MMM, F, VZ, GOOGL, MCD, DIS, BYDDY, ZE594-CN, ALK,
Keywords: walt disney co, microsoft corp, saudi arabia, earnings, amazon.com inc, qualcomm inc, occidental petroleum corp, byd co ltd, joe biden, bob iger, alibaba group holding ltd, 3m co, japan, tesla inc, beijing, alphabet inc, christine lagarde, snap inc, nasdaq inc, meta platforms inc, prices, masayoshi son, ukraine, iphone, markets, united states, palantir technologies inc, arm holdings plc, sony group corp, s&p 500 index, moody's corp, world wrestling entertainment inc, personnel, dow jones industrial average, donald trump, world markets, kospi index, irobot corp, nintendo co ltd, neel kashkari, bitcoin/usd coinbase, russell 2000 index, iran, janet yellen, china, apple inc, appen ltd, alaska air group inc, netflix inc, iraq, dbs group holdings ltd, nikkei 225 index, lockheed martin corp, verizon communications inc, taiwan, citi trends inc, elon musk, mcdonald's corp, economic events, india, fox corp. class b, business news, u.s. 10 year treasury, ford motor co, jerome powell, nasdaq composite, cme group inc, labor economy, boeing co, south korea, nikki haley, warner bros discovery inc, fox corp. class a, dr horton inc,
Source: https://www.cnbc.com/2024/02/14/cnbc-daily-open-lingering-inflation-problem.html