
[ Today @ 05:03 PM ]: Kiplinger
[ Today @ 04:13 PM ]: Seeking Alpha
[ Today @ 04:12 PM ]: SB Nation
[ Today @ 03:06 PM ]: Finbold | Finance in Bold
[ Today @ 03:04 PM ]: Fortune
[ Today @ 01:13 PM ]: Reading Eagle, Pa.
[ Today @ 01:11 PM ]: WMUR
[ Today @ 12:45 PM ]: WOPRAI
[ Today @ 11:57 AM ]: The Financial Express
[ Today @ 11:30 AM ]: The Courier-Journal
[ Today @ 11:28 AM ]: BBC
[ Today @ 10:06 AM ]: Investopedia
[ Today @ 10:05 AM ]: Sports Illustrated
[ Today @ 09:08 AM ]: The Motley Fool
[ Today @ 09:07 AM ]: Forbes
[ Today @ 08:08 AM ]: socastsrm.com
[ Today @ 08:07 AM ]: WFTV
[ Today @ 07:06 AM ]: Business Today
[ Today @ 07:05 AM ]: The Globe and Mail
[ Today @ 04:54 AM ]: Zee Business
[ Today @ 02:55 AM ]: moneycontrol.com
[ Today @ 12:56 AM ]: 24/7 Wall St

[ Yesterday Evening ]: federalnewsnetwork.com
[ Yesterday Evening ]: The Financial Express
[ Yesterday Evening ]: Palm Beach Post
[ Yesterday Evening ]: WFTV
[ Yesterday Evening ]: Forbes
[ Yesterday Afternoon ]: investorplace.com
[ Yesterday Morning ]: The Motley Fool
[ Yesterday Morning ]: Jets Wire
[ Yesterday Morning ]: Bills Wire
[ Yesterday Morning ]: Sports Illustrated
[ Yesterday Morning ]: Investopedia
[ Yesterday Morning ]: Zee Business
[ Yesterday Morning ]: Seeking Alpha

[ Last Saturday ]: Sports Illustrated
[ Last Saturday ]: CoinTelegraph
[ Last Saturday ]: Free Malaysia Today
[ Last Saturday ]: Variety
[ Last Saturday ]: WMBD Peoria
[ Last Saturday ]: The Financial Express
[ Last Saturday ]: Reuters
[ Last Saturday ]: The Motley Fool
[ Last Saturday ]: syracuse.com
[ Last Saturday ]: The Straits Times
[ Last Saturday ]: New Hampshire Union Leader
[ Last Saturday ]: moneycontrol.com
[ Last Saturday ]: Rolling Out
[ Last Saturday ]: Finbold | Finance in Bold
[ Last Saturday ]: Seeking Alpha

[ Last Friday ]: 24/7 Wall St
[ Last Friday ]: Investopedia
[ Last Friday ]: socastsrm.com
[ Last Friday ]: The Raw Story
[ Last Friday ]: USA TODAY
[ Last Friday ]: The Motley Fool
[ Last Friday ]: Finbold | Finance in Bold
[ Last Friday ]: fingerlakes1
[ Last Friday ]: cryptonewsz
[ Last Friday ]: WOPRAI

[ Last Thursday ]: WOPRAI

[ Last Wednesday ]: The Financial Express
[ Last Wednesday ]: The New York Times
[ Last Wednesday ]: reuters.com
[ Last Wednesday ]: WSB-TV
[ Last Wednesday ]: Forbes
[ Last Wednesday ]: Boston.com
[ Last Wednesday ]: The Straits Times
[ Last Wednesday ]: Kiplinger
[ Last Wednesday ]: Bloomberg L.P.
[ Last Wednesday ]: Business Insider
[ Last Wednesday ]: Seeking Alpha
[ Last Wednesday ]: Investopedia
[ Last Wednesday ]: moneycontrol.com
[ Last Wednesday ]: New York Post
[ Last Wednesday ]: RTE Online
[ Last Wednesday ]: Channel NewsAsia Singapore
[ Last Wednesday ]: Business Today
[ Last Wednesday ]: The Motley Fool
[ Last Wednesday ]: WOPRAI

[ Last Tuesday ]: WOPRAI
[ Last Tuesday ]: The Jerusalem Post Blogs
[ Last Tuesday ]: fingerlakes1
[ Last Tuesday ]: Fox Business
[ Last Tuesday ]: RTE Online
[ Last Tuesday ]: The Globe and Mail
[ Last Tuesday ]: Forbes
[ Last Tuesday ]: BBC
[ Last Tuesday ]: Finbold | Finance in Bold
[ Last Tuesday ]: Investopedia
[ Last Tuesday ]: Reuters
[ Last Tuesday ]: Bloomberg L.P.
[ Last Tuesday ]: moneycontrol.com
[ Last Tuesday ]: The Financial Express
[ Last Tuesday ]: Seeking Alpha
[ Last Tuesday ]: The Citizen
[ Last Tuesday ]: The Motley Fool
[ Last Tuesday ]: The New York Times

[ Mon, Aug 04th ]: KMID Midland
[ Mon, Aug 04th ]: legit
[ Mon, Aug 04th ]: WOPRAI
[ Mon, Aug 04th ]: Fortune
[ Mon, Aug 04th ]: Associated Press
[ Mon, Aug 04th ]: investorplace.com
[ Mon, Aug 04th ]: PC Magazine
[ Mon, Aug 04th ]: Seeking Alpha
[ Mon, Aug 04th ]: Ghanaweb.com
[ Mon, Aug 04th ]: Investopedia
[ Mon, Aug 04th ]: reuters.com
[ Mon, Aug 04th ]: USA TODAY
[ Mon, Aug 04th ]: Finbold | Finance in Bold
[ Mon, Aug 04th ]: Forbes
[ Mon, Aug 04th ]: Barron's
[ Mon, Aug 04th ]: The Motley Fool
[ Mon, Aug 04th ]: The Financial Express
[ Mon, Aug 04th ]: Business Today

[ Sun, Aug 03rd ]: The Motley Fool
[ Sun, Aug 03rd ]: Fox Weather
[ Sun, Aug 03rd ]: ESPN
[ Sun, Aug 03rd ]: People
[ Sun, Aug 03rd ]: WGME
[ Sun, Aug 03rd ]: Toronto Star
[ Sun, Aug 03rd ]: Jets Wire
[ Sun, Aug 03rd ]: Forbes
[ Sun, Aug 03rd ]: Bills Wire
[ Sun, Aug 03rd ]: news4sanantonio
[ Sun, Aug 03rd ]: Fox 11 News
[ Sun, Aug 03rd ]: Local 12 WKRC Cincinnati
[ Sun, Aug 03rd ]: Investopedia
[ Sun, Aug 03rd ]: USA TODAY
[ Sun, Aug 03rd ]: Impacts
[ Sun, Aug 03rd ]: wjla
[ Sun, Aug 03rd ]: CoinTelegraph
[ Sun, Aug 03rd ]: Seeking Alpha
[ Sun, Aug 03rd ]: Business Today
[ Sun, Aug 03rd ]: TheNewsCenter

[ Sat, Aug 02nd ]: Fortune
[ Sat, Aug 02nd ]: Ghanaweb.com
[ Sat, Aug 02nd ]: RepublicWorld
[ Sat, Aug 02nd ]: Kiplinger
[ Sat, Aug 02nd ]: Business Today
[ Sat, Aug 02nd ]: fingerlakes1
[ Sat, Aug 02nd ]: FXStreet
[ Sat, Aug 02nd ]: Seeking Alpha
[ Sat, Aug 02nd ]: Forbes
[ Sat, Aug 02nd ]: The Daily Star
[ Sat, Aug 02nd ]: moneycontrol.com
[ Sat, Aug 02nd ]: The Motley Fool
[ Sat, Aug 02nd ]: Investopedia
[ Sat, Aug 02nd ]: Zee Business

[ Fri, Aug 01st ]: WOPRAI

[ Thu, Jul 31st ]: KUTV
[ Thu, Jul 31st ]: Ravens Wire
[ Thu, Jul 31st ]: 24/7 Wall St
[ Thu, Jul 31st ]: reuters.com
[ Thu, Jul 31st ]: MarketWatch
[ Thu, Jul 31st ]: Investopedia
[ Thu, Jul 31st ]: USA TODAY
[ Thu, Jul 31st ]: Forbes
[ Thu, Jul 31st ]: WOPRAI
[ Thu, Jul 31st ]: Seeking Alpha
[ Thu, Jul 31st ]: The Motley Fool
[ Thu, Jul 31st ]: moneycontrol.com
[ Thu, Jul 31st ]: Channel NewsAsia Singapore
[ Thu, Jul 31st ]: The New York Times
[ Thu, Jul 31st ]: U.S. News Money

[ Wed, Jul 30th ]: Business Today
[ Wed, Jul 30th ]: 24/7 Wall St
[ Wed, Jul 30th ]: The Hill
[ Wed, Jul 30th ]: Newsweek
[ Wed, Jul 30th ]: New York Post
[ Wed, Jul 30th ]: HuffPost
[ Wed, Jul 30th ]: Local 12 WKRC Cincinnati
[ Wed, Jul 30th ]: Seeking Alpha
[ Wed, Jul 30th ]: Barron's
[ Wed, Jul 30th ]: The New York Times
[ Wed, Jul 30th ]: reuters.com
[ Wed, Jul 30th ]: WOPRAI
[ Wed, Jul 30th ]: The Raw Story
[ Wed, Jul 30th ]: Investopedia
[ Wed, Jul 30th ]: Robb Report
[ Wed, Jul 30th ]: Forbes
[ Wed, Jul 30th ]: Finbold | Finance in Bold
[ Wed, Jul 30th ]: The Cool Down
[ Wed, Jul 30th ]: The Motley Fool
[ Wed, Jul 30th ]: New Hampshire Union Leader
[ Wed, Jul 30th ]: Fortune
[ Wed, Jul 30th ]: fingerlakes1
[ Wed, Jul 30th ]: Kiplinger
[ Wed, Jul 30th ]: USA TODAY
[ Wed, Jul 30th ]: The Daily Star
[ Wed, Jul 30th ]: moneycontrol.com

[ Tue, Jul 29th ]: Business Insider
[ Tue, Jul 29th ]: Seeking Alpha
[ Tue, Jul 29th ]: NBC DFW
Stocks Slip Ahead of July CPI Report: Stock Market Today


🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The latest inflation updates roll in this week and Wall Street is watching to see how much of an impact tariffs are having on cost pressures.

Stocks Slip Ahead of July CPI Report: Stock Market Today
In a cautious trading session on Wall Street, major stock indices closed lower as investors braced for the release of the July Consumer Price Index (CPI) report, a key inflation gauge that could significantly influence the Federal Reserve's future monetary policy decisions. The market's downward drift reflected a mix of anticipation and uncertainty, with traders positioning themselves conservatively ahead of what many analysts view as a pivotal economic indicator. This comes amid ongoing concerns about persistent inflation, potential interest rate adjustments, and broader economic slowdown signals.
The Dow Jones Industrial Average led the declines, shedding 0.6% to finish at 39,497. This pullback erased some of the gains from earlier in the week, as blue-chip stocks felt the pressure from sectors sensitive to interest rate expectations. Similarly, the S&P 500 Index dipped 0.5%, closing at 5,344, while the tech-heavy Nasdaq Composite fell 0.2% to 16,745. These movements underscore a broader market sentiment where optimism from recent corporate earnings has been tempered by macroeconomic jitters.
Driving the day's action was the impending CPI data, scheduled for release the following day. Economists polled by various financial outlets anticipate the headline CPI to rise 0.2% month-over-month in July, translating to a 2.9% annual increase—slightly down from June's 3.0%. Core CPI, which excludes volatile food and energy prices, is expected to climb 0.2% monthly and 3.2% annually. A cooler-than-expected reading could bolster hopes for a more aggressive rate-cutting cycle by the Fed, potentially starting as early as September. Conversely, hotter inflation figures might reinforce fears of prolonged high rates, which could stifle economic growth and corporate profitability.
Market participants are particularly attuned to how this data might shape the Fed's outlook. Recent comments from Fed officials have hinted at a data-dependent approach, with Chair Jerome Powell emphasizing the need for sustained progress toward the 2% inflation target. The CPI report follows a mixed jobs report from the previous week, which showed unemployment ticking up to 4.3%, raising recession concerns but also fueling speculation for rate relief. "Investors are walking a tightrope," noted one market strategist. "A soft CPI could ignite a relief rally, but persistent inflation might trigger more volatility."
Sector-wise, the session saw varied performances. Energy stocks were among the hardest hit, with the Energy Select Sector SPDR Fund (XLE) dropping 1.2% amid fluctuating oil prices. West Texas Intermediate crude futures settled at $76.65 per barrel, down 0.7%, influenced by global demand worries and geopolitical tensions in the Middle East. On the flip side, consumer staples provided some resilience, with the Consumer Staples Select Sector SPDR Fund (XLP) edging up 0.3%, as investors sought defensive plays in uncertain times.
Individual stock highlights included notable movers. Shares of Eli Lilly (LLY) surged 2.8% after the pharmaceutical giant reported better-than-expected quarterly earnings, driven by strong sales of its weight-loss drugs Mounjaro and Zepbound. The company also raised its full-year guidance, boosting investor confidence in the healthcare sector. Conversely, Uber Technologies (UBER) tumbled 5.8% despite topping earnings estimates; the decline was attributed to concerns over rising competition in the ride-sharing space and potential regulatory hurdles.
Tech giants showed mixed results. Nvidia (NVDA) slipped 1.1% as broader semiconductor weakness persisted, while Apple (AAPL) managed a modest 0.4% gain amid positive analyst notes on its upcoming product launches. The broader tech sector's underperformance contributed to the Nasdaq's relatively milder decline compared to the Dow and S&P.
Looking beyond domestic markets, international developments added to the cautious tone. European stocks closed mixed, with the FTSE 100 in London down 0.3% and the DAX in Germany up 0.2%. Asian markets had ended lower earlier, with Japan's Nikkei 225 falling 0.6% on yen strength and export concerns. Currency markets reflected similar unease, with the U.S. dollar index edging higher as a safe-haven asset.
Bond yields also reacted to the pre-CPI nerves. The yield on the 10-year Treasury note rose slightly to 3.94%, signaling expectations of sustained or even higher rates if inflation data disappoints. This yield movement pressured rate-sensitive sectors like real estate and utilities, which saw their respective ETFs decline by around 1%.
Analysts remain divided on the market's near-term trajectory. Some, like those at Goldman Sachs, argue that a benign CPI could propel stocks toward new highs, especially with the S&P 500 already up over 12% year-to-date despite recent volatility. Others caution that even favorable data might not fully alleviate recession fears, particularly if labor market softness persists. "The market is pricing in a soft landing, but any deviation could lead to sharp corrections," said a senior economist at a major investment bank.
In corporate news, Starbucks (SBUX) shares jumped 3.5% following the announcement of a new CEO appointment, with Brian Niccol from Chipotle Mexican Grill (CMG) set to take the helm. This leadership change is seen as a potential catalyst for revitalizing the coffee chain's growth strategy amid competitive pressures. Meanwhile, Home Depot (HD) edged lower by 0.8% ahead of its earnings report, with investors watching for insights into consumer spending trends.
As the trading day wrapped up, volume was moderate, indicating a wait-and-see approach rather than panic selling. Options activity showed increased hedging, with put options on major indices seeing higher demand. Looking ahead, beyond the CPI, traders will eye the Producer Price Index (PPI) later in the week, along with retail sales data, which could provide further clues on consumer health.
Overall, today's slip in stocks highlights the market's sensitivity to inflation dynamics and Fed policy. With the Jackson Hole symposium on the horizon later this month, where Powell is expected to speak, the coming weeks could be defining for investor sentiment. For now, the advice from experts is clear: stay diversified, monitor economic indicators closely, and prepare for potential volatility. As one portfolio manager put it, "In this environment, patience and prudence are key to navigating the uncertainties."
This session serves as a reminder of the interconnectedness of economic data, corporate performance, and global events in shaping market outcomes. Investors are encouraged to focus on long-term fundamentals rather than short-term fluctuations, even as the anticipation builds for tomorrow's CPI reveal. (Word count: 928)
Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/stocks-slip-ahead-of-july-cpi-report-stock-market-today ]
Similar Stocks and Investing Publications
[ Sat, Aug 02nd ]: Kiplinger
[ Thu, Jul 31st ]: Investopedia
[ Wed, Jul 30th ]: Investopedia
[ Tue, Jul 29th ]: USA TODAY
[ Tue, Jul 29th ]: The Motley Fool
[ Mon, Jul 28th ]: Kiplinger
[ Mon, Jul 28th ]: The Motley Fool
[ Thu, Jul 24th ]: Investopedia
[ Tue, Jul 22nd ]: The Motley Fool
[ Mon, Jul 21st ]: Barron's
[ Sat, Jul 19th ]: Investopedia