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CNBC Daily Open: Inflation’s still high — but so is the stock market - TL;DR CNBC

CNBC Daily Open: Inflation’s still high — but so is the stock market

Publishing timestamp: 2024-12-13 02:30:01


Summary

Markets in the US and Asia-Pacific retreated due to hotter-than-expected wholesale inflation numbers. U.S. producer prices rose, while India's inflation rate cooled. European Central Bank cut interest rates. Tom Lee made predictions for the stock market and bitcoin in 2025. Nasdaq fell, but Broadcom shares surged after releasing better-than-expected earnings.


Sentiment: MIXED

Tickers: AAPL.IXICADBEBC-ITAMZNAVGO.SPXUS10Y.DJI

Keywords: indiaadobe incpricesworld marketsmarketsnasdaq compositeapple inceconomic eventsbroadcom incs&p 500 indexinflationbusiness newsbrunello cucinelli spaunited statesamazon.com incdow jones industrial averageu.s. 10 year treasury

Source: https://www.cnbc.com/2024/12/13/cnbc-daily-open-inflations-still-high-but-so-is-the-stock-market.html


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