Morning Report 12 Sep 24: Inflation data dents hopes for a big Fed rate cut
Manage episode 439445287 series 3531694
Technology stocks led Wall Street higher despite a mixed inflation report, with Nvidia spearheading the rebound following the post-CPI sell-off. The world's largest lithium miner surged on production cuts in China, while oil prices jumped as a U.S. Gulf hurricane spurs a short covering. BHP is trading ex-dividend today, and Australian shares are expected to rise ahead of the Commonwealth Bank's household spending insights report
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