Morning Brief

Markets are digesting the latest reading on consumer sentiment, economists had expected a reading of 66.6, a slight increase over last month. US July Housing Starts fell to 1.238 million annualized, below economists expectations. The Federal Reserve remains in focus following a week of key inflation data. Chicago Fed President Austan Goolsbee will speak later today, potentially giving more insight into the possibility of an interest rate cut in September.Takeaways: Stock futures are dipping into negative territory ahead of Friday's market open, coming off of Thursday's rally fueled by July retail sales and lower-than-expected initial jobless claims. The tech sector is leading market rallies in the S&P 500 and Nasdaq Composite as Big Tech names rebound from recent sell-offs. Chipmaker Nvidia is up over 17% in the last five trading days. Vice President Kamala Harris will outline her economic policy agenda at a speech in Raleigh, North Carolina, on Friday, focusing on taming inflation and reducing grocery, housing, and prescription drug prices for American consumers. Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Starting before the bell and elevating our flagship newsletter, Morning Brief brings you insight into the latest market-moving news, empowering viewers with actionable information to build their investing roadmap for the day ahead. Join us for key insights and commentary about the day's top tickers and stories to help build wealth. Jobless claims dip and July retail spending quell recession fears.Takeaways: Stock futures are rising Thursday morning after retail sales increased by 1.0% (above estimates) in July and initial jobless claims came below expectations (227,000 versus estimates of 235,000) for the prior week. Walmart shares are grooving in pre-market trading after the big-box retailer beat its second quarter earnings estimates and raised full-year sales guidance. Several investment firms have begun cutting their stakes in chip giant Nvidia. Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us: We love hearing from our listeners! Write a review and let us know what you think about the show.Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Starting before the bell and elevating our flagship newsletter, Morning Brief brings you insight into the latest market-moving news, empowering viewers with actionable information to build their investing roadmap for the day ahead. Join us for key insights and commentary about the day's top tickers and stories to help build wealth. Following the release of the Consumer Price Index (CPI) data, the major indexes have been seeing gains in their five-day moving averages since last week's sell-off.Takeaways: The July Consumer Price Index report showed prices rose 0.2% from June, which was in line with estimates, and 2.9% from a year ago, which was slightly better than the Bloomberg consensus estimate of 3.0%.  Potential plan to break up Google: The Justice Department is considering breakup as a remedy after a judge determined the company has an illegal monopoly in search  Inflation data comes in line with Fed numbers to cut in September. Key Moments: 00:00 - Intro: CPI, Inflation, and Google2:45 - Inflation Breakdown5:35 - Treasury Yields6:00 - Mark Sandy Moody Analytics Chief Economist on Inflation, Jobs, and a Fed rate cut with the election12:30 - Will Google be broken up16:15 - Mars acquisition of Kellanova19:10 - Elliot Investment vs. Southwest Airlines21:20 - Intel layoffs and divestment23:15 - Market open, CPI stagnation, and the major indexes27:45 - Ryan Detrick Carson Group Chief Market Strategist has market optimism34:30 - Brent Thill Senior Analyst at Jefferies on Google's antitrust debacle42:50 - Trending Tickers45:00 - Looking forward to tomorrowSubscribe Now!Don’t miss an episode of Yahoo Finance's Yahoo Finance Morning Brief. Subscribe wherever you listen to your podcasts.Connect With Us:We love hearing from our listeners! Write a review and let us know what you think about the show. Send your thoughts and questions to yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Former President Trump joined X.com owner and Tesla CEO, Elon Musk on Monday night. The interview was delayed due to what Musk described as a "massive DDOS attack" on the platform. Meanwhile, institutional concerns about a potential recession have risen to 39%, as indicated by the latest Bank of America Global Fund Managers survey.Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your 3 things: Stock futures edge higher as investors look ahead to key data prints, BofA CEO Brian Moynihan urges the Fed to cut interest rates, and VP Kamala Harris vows to support an independent Federal Reserve. Telling reporters that she'd never interfere with the central bank.Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.Learn more about your ad choices. Visit  Learn more about your ad choices. Visit megaphone.fm/adchoices

Your 3 things: Bitcoin climbs above $60,000, Paramount Global (PARA, PARAA) reported second quarter earnings on Thursday, August 8, posting mixed results, and is a recession back on the table?Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stock futures are rally, ten-year Treasury yields climbing back above 4%. Investors are closely watching the tech sector, while Warner Bros. Discovery stock plummet following a significant impairment charge.Yahoo Finance's flagship show, the Morning Brief, is your ultimate guide to making smarter decisions for your portfolio.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Brad Smith and Seana Smith host Yahoo Finance's Morning Brief. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your 3 things: Mag 7 sheds $650B, stocks look to recover and recession?Yahoo Finance's flagship show, the Morning Brief, is your ultimate guide to making smarter decisions for your portfolio.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Your 3 things: Stock futures plunge, global market volatility escalates and tech extends sell-offYahoo Finance's flagship show, the Morning Brief, is your ultimate guide to making smarter decisions for your portfolio.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stock futures fell following a weaker-than-expected jobs print. According to the Bureau of Labor Statistics, the U.S. economy added 114,000 jobs in July, and the unemployment rate jumped to 4.3% in July, up from 4.1% in June, reaching its highest level in nearly three years.Yahoo Finance's flagship show, the Morning Brief, is your ultimate guide to making smarter decisions for your portfolio.Find this and other episodes of Morning Brief at https://finance.yahoo.com/videos/series/morning-brief/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. https://finance.yahoo.com/videos/series/morning-brief/ Learn more about your ad choices. Visit megaphone.fm/adchoices