Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid
Brendan Mcdermid | Reuters
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Here’s what CNBC TV’s producers were watching during the rebound and what’s on the radar for the next session.
Inflation in the USA
- Two days of key data kick-off Tuesday at 8:30 a.m. ET with the producer price index, which looks at inflation from the wholesaler’s side of the equation. Economists predict the number was up 0.2% in July from the prior month.
- Wednesday we will get CPI, the consumer price index, also at 8:30 a.m. ET.
- The S&P 500 is down more than 5% from its high on July 16.
- The Nasdaq 100 is off about 10% from the July 10 high.
- The Dow Jones …