US EditionUS Stocks Drift Around Their Record Heights as Wall Street Braces for an Update on Inflation
UNITED STATES, AUG 10 – Investors await Tuesday and Thursday inflation reports that will influence Federal Reserve rate decisions amid Nvidia's rebuttal of Chinese national security claims.
- On August 11, 2025, U.S. stocks hovered near record highs with the Dow up 0.2% ahead of inflation data.
- Ahead of the Fed, analysts expect the consumer price index for July to be released Tuesday, with a 0.2% increase, and the producer price index on Thursday with forecasts of 0.2% and 0.3%.
- Meanwhile, the Fed has held off on rate cuts as several Fed officials are scheduled to speak throughout the week, and Stephen Miran’s appointment adds a dovish vote.
- Amid muted moves, Woods noted “We are probably going to be more in a digestion phase than anything else,” emphasizing the CPI data as crucial.
- Later this week, Nvidia pushed back Sunday against Chinese media allegations that its H20 AI chips pose a security risk, with a spokesperson stating `cybersecurity is critically important to us.
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Wall Street holds steady near its records
U.S. stocks are drifting near their record heights as Wall Street waits for an upcoming update on inflation. The S&P 500 was little changed in early trading Monday and flirting with its all-time high set two weeks ago. The Dow…
U.S. stock futures inch higher ahead of inflation reports this week
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Dow futures rise as Wall Street and the Fed brace for updates on how much Trump's tariffs are stoking inflation
The consumer price index for July will come out on Tuesday, and Wall Street expects a 0.2% monthly overall increase and a 0.3% uptick in the core CPI.
·New York, United States
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Total News Sources25
Leaning Left6Leaning Right4Center11Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 29%
C 52%
R 19%
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