Wall Street is digesting key economic data this morning following the release of the latest Producer Price Index (PPI) and Core PPI. For month of July, PPI increased 0.1% from a month earlier, and 2.2% compared to a year ago, according to a Bureau of Labor Statistics report. Investors are also reacting to big earnings in the retail space from top names including Home Depot, which reported its second quarter earnings on Tuesday morning, adjusting its outlook, claiming it sees its comparable sales falling 3% to 4% for the year versus previous expectations. Trending Tickers on Yahoo Finance include Trump Media (DJT), Nvidia (NVDA) , and JetBlue Airways (JBLU)
Top guests today include:
9:05 AM: John Stoltzfus, Oppenheimer Chief Investment Strategist
9:15 AM: Henrietta Treyz, Veda Partners Managing Partner and Director of Economic Policy Research
10:05 AM: Max Kettner, HSBC Chief Multi-Asset Strategist
11:15AM: Holly Wade, NFIB Executive Director Research Center
Note: The company mentioned at 47:30-48:03 is Tencent Music Entertainment Group (TME). The story is more accurately reflected here.