Inflation Data Weighs on Futures After PPI Surprise, Trump-Putin Meeting & AMAT Earnings
Schwab Network · Schwab Network
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Show Notes
Thursday’s PPI report came in well above expectations, reigniting U.S. inflation concerns. Kevin Green discusses what could push the S&P 500 to fresh highs, with 6,600 as the next key technical level after today’s August monthly options expirations. President Trump is set to meet Russian President Putin on Friday in Alaska, and crude oil markets appear to be pricing in a potential deal. On the earnings front, Applied Materials (AMAT) is under pressure in premarket trading after issuing disappointing guidance.
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