- Sellers 1.3610 through 1.3650 then 1.3680/1.3700
- Buyers 1.3575/85 still (with trading stops below 70, 1.3550/60
- Buyers 1.3500/25
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TSLA's 13% YTD drop hides margin gains, but high P/E & capex raise risk. RIVN's 24% drop & R2 price hike signal profit hurdles.
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Michigan gas prices hit record $6/gallon diesel. Drivers urged to fill up now amid rising costs.
CPI & retail sales data loom. Cisco earnings due. Traders eye inflation impact on valuations.
PBOC sets USD/ CNY reference rate for today at 6.8467 (vs. estimate at 6.7988)
Nintendo shares drop 8% on Switch 2 price hike & weak game pipeline fears. Analysts split on future returns.
VONG's 18% 10yr return lags Nasdaq. VGT boasts 24% vs VOO's 15% diversification.
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