Cool Inflation Data Sends Stocks to Record High, EU Slap Chinese EVs with 48% Tariffs
The Rundown
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Intro
The chapter delves into the recent surge in the stock market with the S&P and Nasdaq reaching unprecedented levels, driven by particular companies like Apple. It also touches upon the May CPI report, revealing a 3.3% rise in inflation that slightly missed economists' forecasts.
Transcript
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