Closing Bell: Market Rotation Builds Momentum & Trump Officially Becomes Republican Nominee 7/15/24

Financial journalists Scott Wapner and Morgan Brennan, along with market experts Jon Fortt and Michael Santoli, analyze market trends, inflation impact, and Fed rate cut possibilities. They discuss stock performance, Apple's AI shares, and predict economic landscape changes. Insights on services profit mix, Apple's trading patterns, and yield projections are explored with highlights on retail performance and GM's EV shift.