Evening Market Recap - Wednesday, 14-Aug
Manage episode 434238008 series 2964054
US equities were mostly higher in uneventful Wednesday trading, ending just off best levels, with the Dow Jones, S&P500, and Nasdaq closing up 61bps, 38bps, and 3 bps respectively. Headline July CPI and core CPI came in right in line with consensus, both rising +0.2% m/m. Retail sales on tap for Thursday with the Street looking for headline retail sales to increase 40bps in July. Fedspeak included Chicago's Goolsbee, saying the Fed needs to cut before labor market weakens further.
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