Market Momentum, Semi Surge, BOJ’s Surprise Shift 7/28/23

Market Momentum, Semi Surge, BOJ’s Surprise Shift 7/28/23

  • Af
  • Afsnit
    • 1191
  • Udgivet
    • 28. jul. 2023
  • Forlag
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Afsnit
1191 of 1998
Længde
44M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

David Faber, Leslie Picker and Scott Wapner began the hour discussing the recent market momentum with the Dow and S&P aiming for their 3rd straight week of gains. Investors digested some key inflation data as core PCE rose 4.1% from a year ago, the lowest annual rate since September 2021. The anchors then shifted to another busy day of earnings with names like P&G, Ford and Intel all reporting results; Intel returned to profitability after two straight quarters of losses. Also in the mix: the Bank of Japan surprised the global financial markets after the central bank loosened its yield curve control.

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