10Jun2021 Pre-Market Commentary: Wall Street Futures Rise After Hot Inflation Report, DOW Up 130 Points, Nasdaq Down 0.2%, WTI Up To 70.27, Bitcoin Rising To 37600
Consumer prices soar to 0.6%, CPI shows, and shove rate of inflation to a 13-year high (SPY +0.2%). Jobless claims drop to a post-pandemic low of 376,000. Here is the current market situation from CNN Money European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively. What Is Moving the Markets Here are the headlines moving the markets. The Fuel Of The Future Thats 9 Times More Efficient Than Lithium The worldwide shift toward cleaner, greener energy sources once again appears to be picking up speed. Whil...