Hotter PPI, Tech's Rough Stretch, Biden: China a "Ticking Time Bomb" 8/11/23

Hotter PPI, Tech's Rough Stretch, Biden: China a "Ticking Time Bomb" 8/11/23

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  • Afsnit
    • 1208
  • Udgivet
    • 11. aug. 2023
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Afsnit
1208 of 1998
Længde
44M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Carl Quintanilla, Sara Eisen and Mike Santoli led off the show with market reaction to fresh inflation data: The July Producer Price Index came in a bit hotter-than-expected, following Thursday's cooler-than-expected CPI report. The anchors explored what's at stake for the markets and the Fed. Also in focus: The tech sector's roughest stretch since December, President Biden calledChina a "ticking time bomb" due to its economic challenges, getting ahead of the curve on next week's retail earnings from Walmart, Target and Home Depot, what X Corp. CEO Linda Yaccarino told Sara about a potential Musk-Zuckerberg cage match.

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