CNBC Daily Open: Inflation outbreak is 'over'
Publishing timestamp: 2024-08-15 02:18:27
Summary
Wall Street closed higher, Cisco to cut 7% of workforce, Mars acquires Kellanova, U.S. inflation rises, Asia markets rise, analysts raise price targets for Taiwanese electronics manufacturer fueling Nvidia's AI supply chain, experts believe inflation concerns are easing, Fed rate cut expected.
Sentiment: MIXED
Tickers: K, .DJI, .IXIC, US10Y, .N225, .HSI, ORCL, CSCO,
Keywords: jerome powell, iran, joe biden, business news, nasdaq composite, interest rates, kellogg co, russia, cisco systems inc, nikkei 225 index, dow jones industrial average, s&p rating services, hang seng index, 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-outbreak-is-over.html