Daily Forecasts to be continued after Mercury Station Direct
Producer price index up 0.8% vs. up 0.5% est; U.S. May retail sales ex-autos fall 0.7% vs prior month (JPM), (BAC), (C), (WFC), (MS), Inflation surges ahead of Fed hedge fund manager Kyle Bass weighs in (DKNG), Draftkings shares plunge Hindenburg out with short call; Ritholtz: quits rate at record high Retail sales ex-autos down 0.7% vs. up 0.5% est.; The melt-up in risk assets continues Stocks mostly lower after inflation, retail sales data; Raimondo: tariff truce will create jobs (XOM), (MU), (SYF), (FANG), (OXY); U.S. stock stall as Europe hits new highs Californians celebrate end of Covid restrictions at midnight; CPI, PPI stoke inflation fears Cruise CEO on origin pre-production & new funding; Astra's antibody cocktail comes up short (AAPL), (GOOGL), Apple requires user permission to track data; Astra's antibody cocktail comes up short Social crypto Bitclout lists on Blockchain.com; EU, U.S. agree to five-year truce in Boeing-Airbus trade dispute The great inflation debate temporary vs. permanent Semis ETF (SMH) on the move positive for last 3 sessions in a row; Tai confident in EU-U.S. cooperation The 2021 playbook inflation situation overblown?; U.S. stocks drop from records Producer price index up 6.6% vs. year ago Trading the Fed meeting; Sec. Raimondo: we will continue to do business with China WTI crude hits highest level since Oct. 2018; Cuomo lifts New York Covid restrictions Dow lower for 2nd-straight day; Harris announces $1.25B for community lenders (WMT), (AMZN), (KR), Amazon launches new full-size grocery store; U.S. Covid-19 deaths hit 600,000 Digital security company "Aura" valued at $1B+ with new funding round; Outlook for Fed tapering Self-driving deliveries; Countdown to the Fed Countdown to the Fed what's the trader set-up?; Khanna: politics need to be put aside Sec. Raimondo: U.S. and Europe should set the rules of the road Cramer on how tomorrow's Fed speech could impact oil & the energy sector overall Tehan: trade agreement will deliver more Australian jobs and business opportunities President Biden to meet with Putin as China looms over Europe trip; Markets await Fed decision