July CPI Print Set to Test AI Stock Rally and Warsh
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- July CPI is expected to bounce back after an unexpected June inflation print, with Barron's framing the upcoming data as 'the real test' for the AI stock rally.
- Warsh's tough talk on policy faces a test from the upcoming inflation reports, per the WSJ, while Dow, S&P 500, and Nasdaq futures sat little changed ahead of the release.
Why it matters: The July CPI print will determine whether Warsh's tough talk on policy holds alongside the AI-driven rally, with futures flat across all three major indices signaling the market is at an inflection point pending the data.
Ask SkimNews
:max_bytes(150000):strip_icc()/GettyImages-2288353458-69368983779c4b129174deb1990a01a8.jpg)
