BLOOMBERG Bloomberg July 3, 2024
Good morning. Im scarlet fu. We have a stocks little changed at the moment holding near record highs and for the week they are set for the longest streak of weekly gain since february. This week was eventful and that we got inflation data that reignited hopes that the Federal Reserve will cut rates although the Federal Reserve has been careful to point out they are willing to be patient and want to make sure the Data Confirms disinflation is intact. You have investors looking ahead to nvidia results next week that will answer the question whether the hype in a height companies is justified. We...