TSLA
Tesla
-- 248.710 NVDA
NVIDIA
-- 117.700 PLTR
Palantir
-- 90.960 MU
Micron Technology
-- 94.720 AAPL
Apple
-- 218.270 
What you need to know today
Inching to records
The S&P 500 and the Nasdaq Composite inched their way to intraday and record closes as Federal Reserve Chair Jerome Powell warned of the dangers of keeping interest rates high.
The S&P 500 and the Nasdaq Composite inched their way to intraday and record closes as Federal Reserve Chair Jerome Powell warned of the dangers of keeping interest rates high.
Growth in jeopardy
Powell warned that keeping interest rates high for too long could harm economic growth. Despite recent cooling, he noted that the economy and labor market remain strong. Powell highlighted progress in reducing inflation towards the central bank’s 2% target. “At the same time, in light of the progress made both in lowering inflation and in cooling the labor market over the past two years, elevated inflation is not the only risk we face,” Powell said in prepared remarks. “Reducing policy restraint too late or too little could unduly weaken economic activity and employment.”
Powell warned that keeping interest rates high for too long could harm economic growth. Despite recent cooling, he noted that the economy and labor market remain strong. Powell highlighted progress in reducing inflation towards the central bank’s 2% target. “At the same time, in light of the progress made both in lowering inflation and in cooling the labor market over the past two years, elevated inflation is not the only risk we face,” Powell said in prepared remarks. “Reducing policy restraint too late or too little could unduly weaken economic activity and employment.”
Boeing slides
Shares of Boeing slid 1.4% after the aircraft maker delivered 44 commercial jets in June, its highest monthly total this year but a 27% annual drop amid legal and production issues.
Shares of Boeing slid 1.4% after the aircraft maker delivered 44 commercial jets in June, its highest monthly total this year but a 27% annual drop amid legal and production issues.
Despite supply chain snags and increased regulatory scrutiny following a 737 Max 9 incident, Boeing aims to expand production by year-end. The company agreed to plead guilty to criminal fraud over two 737 Max crashes, risking government contracts.
Asia mixed, China inflation rises
Markets in the Asia-Pacific region were mixed as investors waded through economic data. Mainland China’s CSI 300 was little changed as consumer price inflation rose less than expected and producer prices fell, raising concerns about deflation in the world’s second-biggest economy.
Markets in the Asia-Pacific region were mixed as investors waded through economic data. Mainland China’s CSI 300 was little changed as consumer price inflation rose less than expected and producer prices fell, raising concerns about deflation in the world’s second-biggest economy.
Hong Kong’s Hang Seng index was little changed, while South Korea’s Kospi and Australia’s S&P/ASX 200 declined. Japan’s export-heavy Nikkei 225 neared an intraday high as wholesale inflation accelerated.
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If you really FOMO, simple, place your short position everyday, at least 70% chance can unlock handsome profit from this Honour by "The King of Junk Market".