Stocks Climb on a Benign U.S. CPI Report

Stocks this morning are moderately higher, with the Dow Jones Industrials posting a 1-week high. Today’s benign U.S. July CPI report bolstered the outlook for the Fed to pause its interest rate hike campaign and is fueling stock gains. Also, a jump in U.S. weekly jobless claims to a 5-week high knocked T-note yields lower and is bullish for equities. In addition, M&A activity supports equities after Tapestry agreed to acquire Capri Holdings for $8.5 billion.

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Dax Index Below 11350 Sell and Sleep – Neal Bhai Reports

Dax Index Below 11350 Sell and Sleep – Neal Bhai Reports Technical Power of CFA’s(CHARTRED FINANCE ANALYST)“No Magic, No Miracle, Just Power of Level”Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical TeamMobile No. 9582247600 & 9899900589