
- Prior was -0.2%
- Sales +0.6% vs +0.0% expected
- Prior wholesale sales -0.1%
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Fannie Mae & Freddie Mac surge 320%+ on recap hopes, but Deutsche Bank warns of dilution risk. Buy ratings set $20/$25 targets.
Fed eyes rate cuts amid rising inflation (2.9%) & job claims jump. Tariffs fuel price hikes, but jobs data may push Fed to cut 25 bps.
NVDA, CHWY, TMO, BILL, ZS upgraded on AI, growth & valuation. AAPL, AMD, FDX, UPS, CIB downgraded on risks & valuation.
Jobless claims hit 263K, highest in 4 yrs! Labor market softening, watch for Fed policy shifts.
Animoca's Moca Network launches L1 for Web3 identity, backed by $20M. Focus on data ownership & interoperability.
US farmers face billions in lost soybean sales as China trade war tariffs bite. Harvest season looms with zero orders.
August CPI hits 2.9%, tariffs sting prices. Jobless claims jump, complicating Fed's rate path. Traders eye inflation data.
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