The August Consumer Price Index (CPI) report showed that inflation is continuing to drift closer to the Federal Reserve’s 2% target. The report was largely in line with expectations, with headline inflation rising 2.5% from a year ago. Stripping out the more volatile food and energy prices, prices were up 3.2% from August of last year.
One stock in focus on Wall Street is Trump Media & Technology Group (DJT). DJT shares are plunging after many viewed Vice President Kamala Harris as winning the debate against former President Donald Trump. Other trending tickers on Yahoo Finance include Nvidia (NVDA), First Solar (FSLR), and Albemarle (ALB).
Key guests include:
3:05 p.m. ET Jason Draho, UBS Global Wealth Management Head of Asset Allocation
3:35 p.m. ET David Boole, BayCrest Managing Director of Equity Derivatives
4:15 p.m. ET Art Hogan, B. Riley Wealth Chief Market Strategist
4:40 p.m. ET Todd McKinnon, OKTA CEO