FULL SHOW 07/13/2022: Hot inflation is freaking out investors

ADP Chief Economist Nela Richardson weighs in on red hot inflation and what it means for future Fed rate hikes. Plus, CFRA's Sam Stovall offers strategy for navigating this market. And Citigroup airline analyst Steve Trent on how long pent-up demand for travel will last.
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FULL SHOW 07/13/2022: Hot inflation is freaking out investors
ADP Chief Economist Nela Richardson weighs in on red hot inflation and what it means for future Fed rate hikes. Plus, CFRA's Sam Stovall offers strategy for navigating this market. And Citigroup airline analyst Steve Trent on how long pent-up demand for travel will last. Read more »
 
What the heck happened to the Gap?
In 1969, real estate investor Don Fisher opened a store in San Francisco aimed at teens and college kids, offering Levi's blue jeans and record tapes. Read more »
 
Champagne bottle sells for record $2.5 million
A bottle of Champagne has sold for $2.5 million, eclipsing the auction record for bubbly and likely becoming the most expensive bottle of wine ever sold. Read more »
 
Inflation surges by 9.1%, driven by record gas prices
Inflation surged to a new pandemic-era peak in June, with US consumer prices jumping by 9.1% year-over-year, according to fresh data released Wednesday by the Bureau of Labor Statistics. Read more »
 
Here's what's getting more expensive at the grocery store
Food prices are still on the rise, but some relief may be on the horizon. Read more »
 
Stocks sink as inflation remains red hot
Read more »
 
 
 
 
Dow Nasdaq S&P
-208.54   -17.15   -17.02
30,772.79   11,247.58   3,801.78
-0.67%   -0.15%   -0.45%
YTD -15.32%   YTD -28.11%   YTD -20.23%
 
Biggest Winners
Twitter Inc +7.90%
 
Mosaic Co +3.21%
 
Coterra Energy Inc +3.04%
 
Clorox Co +2.58%
Biggest Losers
Delta Air Lines Inc -4.47%
 
WW Grainger Inc -4.18%
 
Zoetis Inc -3.45%
 
Philip Morris International Inc -3.36%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $96.55 +0.71 / +0.74%
Gold $1,733.70 +8.90 / +0.52%
10-yr 2.90% -0.05
Euro $1.01 +0.00 / +0.30%
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