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Welcome to bloomberg markets. Take a look at the markets. I have green on the screen behind me. The s p 500 up. 5. Same with big tech. Yields higher as well. Take a look at the 10year treasury yield higher by four basis points. Solidly over 4 . Added thanks to this mornings cpi data. Lets get a break down from mike mckeon. It came in hot. I would say it came in warm. The headline was that it was higher than expected coming in at. 4 rather than. 3 . A lot of that is due to energy and the fed will look past that. The core rate came in unchanged, a. 4 percent increase. What went up . Car insurance went up. It continues to do that. It is a sticky Price Inflation thing. Gasoline up 3. 8 . It had been a regular dropping gasoline for months and it has turned the other way as gasoline usage takes up here used cars up. 5 . 6 for apparel. Dani burger was pointing out that most of that was for womenswear. Bad news there. What does it mean f ....
The dollar index is up. Trading at 12. 53. Near 20 year low come up about a points under the alltime high that it hit last year. Nymex crew to gaining almost two dollars a barrel. This is west texas intermediate at over 90. Pretty aggressive moves up in oil. Jonathan we are also watching tech in a big way. Some mix performance from these three names. Lets start with the losers hp under pressure that Warren Buffetts unloaded several million shares per yet we are seeing a touch of weakness in adobe stock added the companys quarterly results. Adobe when the ai gainers so big expectations. One endless view that etsy and others view is that as he could perform well. That stock responding to that. Wall street call today up 3 per year the big story of the day has been the highprofile arm ipo. After that trading debuted we continue to watch the stock. Currently up more than 18 at this hour. Matt one were waiting for all morning. Did not ....
Apple kicked off its annual developer conference on Monday, where the technology giant showcased how it is integrating artificial intelligence across its software suite, including a revamped Siri voice assistant and a tie-up with ChatGPT owner OpenAI. ....
Here Are the Key Takeaways From Apple's Developers Conference bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.