Inflation, Bank of America and Stock
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Trump, Mexico and Tariffs
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Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.
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Investor's Business Daily on MSNStock Market Today: Dow Falls As Trump Announces Trade Deal; AI Stocks Soar On China Chip News (Live Coverage)The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.
Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.
Nevertheless, export restrictions imposed by the U.S. government have cost the company billions of dollars in sales. Fortunately, Nvidia shareholders recently got great news from the Trump administration: Applications to resume selling its H20 GPUs in China will be approved by the Commerce Department. Here's what investors should know.
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Markets previously brushed off tariff risks under the assumption that President Donald Trump would follow his earlier pattern and eventually retreat. That allowed stocks to reach new record-high territory,
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
On the institutional activity front, foreign institutional investors (FIIs) net bought shares worth ₹104.49 crore. Similarly, domestic institutional investors (DIIs) net bought shares worth ₹1,477.58 crore on July 15. | NSE (Photo: Reuters)