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MORNING BRIEF ☕️: The S&P 500 closed at a record 7,798.99, gaining 0.65% as softer inflation data eased fears of further Fed tightening. July PPI came in flat month-over-month, while CPI rose 3.4% year-over-year, strengthening expectations for a September rate hold. The Nasdaq also hit a record, rising 0.81% to 26,803.
Treasury yields moved lower as rate-hike bets faded, giving technology stocks another boost and keeping the AI-driven rally intact.📈
https://x.com/ShillGuard/status/2088151279868522642