CNBC Daily Open: Inflation battle may be far from over
Publishing timestamp: 2024-03-21 21:28:19
Summary
Wall Street surged to new highs after Fed reiterated rate cut expectations. Apple sued for monopoly, Vanguard and others predict no rate cuts this year. Reddit IPO pops. Gold prices surge on rate-cut expectations. U.S. business activity shows strength amid inflationary pressures.
Sentiment: MIXED
Tickers: .IXIC, .KS11, SPGI, .DJI, AVD, .SPX, NVDA, AAPL, RDDT, .N225,
Keywords: reddit inc, beijing, nvidia corp, united states, nasdaq composite, jerome powell, kospi index, world markets, dow jones industrial average, s&p 500 index, prices, china, american vanguard corp, shanghai, apple inc, south korea, s&p global inc, markets, business news, nikkei 225 index,
Source: https://www.cnbc.com/2024/03/22/cnbc-daily-open-inflation-battle-may-be-far-from-over.html