Here are 3 key updates to consider before trading stocks today:
1. Inflation Meets Expectations: CPI Hits 4-Month High
U.S. June inflation matched Dow Jones estimates but reached highest since February. Core inflation rose 0.2% monthly, below 0.3% forecast. Analysts blame Trump's tariffs for pushing consumer prices higher.
2. Indonesia Trade Deal: 19% Tariff, U.S. Gets Free Access
Trump announced preliminary deal with Indonesia - U.S. exports face 19% tariff while American goods enter tariff-free. Jakarta hasn't confirmed agreement yet. Part of ongoing trade negotiations.
3. Tech Mixed: Nvidia Surges 4%, Nasdaq Hits Record
Nvidia's 4% jump drove Nasdaq to fresh high despite S&P 500 and Dow retreating. CEO Jensen Huang praised China's AI sector, calling DeepSeek and Ernie "world class" models.
𝘛𝘳𝘢𝘥𝘪𝘯𝘨 𝘪𝘯𝘷𝘰𝘭𝘷𝘦𝘴 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘳𝘪𝘴𝘬 𝘵𝘰 𝘺𝘰𝘶𝘳 𝘪𝘯𝘷𝘦𝘴𝘵𝘦𝘥 𝘤𝘢𝘱𝘪𝘵𝘢𝘭.