HomeLifestyleEntertainmentCan The Market Hold Onto Its Gains?

Can The Market Hold Onto Its Gains?

Will the market be able to hold onto the gains? Has the market priced in the data quickly as it continues to be released? Dan Deming discusses this as the Consumer Price Index for July 2023 and Jobless claims data. CPI month-over-month came in at 0.2% versus an estimated 0.2% . He also outlines Jobless claims from the week of August 5th. Initial claims came in at 248K versus an estimated 230K. Dan talks about how the this data is something for the Fed to consider while looking at rate policies. He also questions if this means the markets are saying that there is nothing in the near-term that will scare us from the Fed? Tune in to find out more about the stock market today.

Futures

10 Aug 2023

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