CNBC Daily Open: Inflation battle is 'absolutely' done
Publishing timestamp: 2024-08-14 21:04:32
Summary
Wall Street closed higher, Cisco to cut jobs, Mars acquires Kellanova, U.S. inflation rises, Elliott Management plans proxy fight at Southwest Airlines, concerns over Oracle's AI investments, speculation around Fed interest rate cut.
Sentiment: MIXED
Tickers: K, .DJI, .IXIC, US10Y, LUV, ORCL, CSCO,
Keywords: jerome powell, southwest airlines co, business news, iran, joe biden, nasdaq composite, interest rates, kellogg co, russia, cisco systems inc, dow jones industrial average, s&p rating services, inflation, federal reserve system, oil and gas, russia-ukraine crisis, oracle corp, u.s. 10 year treasury, ukraine,
Source: https://www.cnbc.com/2024/08/15/cnbc-daily-open-inflation-battle-is-absolutely-done.html