Number of S&P 500 advancers finished at the highs of the day

S&P 500 +0.15% with 387 members advancing.

The hiring rate fell in 80% of U.S. states in June per Bloomberg @economics

Going to join @ScottWapnerCNBC on @CNBCClosingBell at 3:05pm ET.

The rolling 200d correlation between changes in Bitcoin and the NASDAQ 100 has strengthened a lot in the past year

The percentage of members in the Russell 2000 trading above their 200d moving average jumped by 7.8 percentage points yesterday . the largest one-day jump since November 6, 2024

A "one-time level shift up" is usually the language used to describe tariff-related inflation for core goods . but what is the timeframe for that? . Here is the core goods CPI, which has risen every month since April (and 6 out of 7 months this year)

So far this month, just 24% of stocks in the S&P 500 are outperforming the index over the past 60 days

NASDAQ 100 new 52-week high with just 7% of members at a new 52-week high

There's a lot in this chart but it's so good . data from @realtordotcom show that as of June, renting was on average $908/month cheaper than buying a starter home. Pittsburgh is the last major city where owning is cheaper than renting. @business

RT @LizAnnSonders: Looking forward to joining @FerroTV and @annmarie on @bsurveillance @BloombergTV around 7am ET this morning.

As a % of nominal GDP, the budget deficit widened in July to 6.4%

3m annualized change in the Atlanta Fed's Sticky CPI in July: +3.7%

S&P 500 16th closing record high this year

As of July, we now have 68% of CPI components rising faster than 2% annualized on a month/month basis . highest share since October 2022

👀

More signs of services weakness? Hotel and motel prices (in the CPI) peaked in February of this year . since then, they've fallen by 9.2%, which is quite significant relative to history

CPI coffee +14.5% year/year in July

CPI food at home -0.1% month/month in July . comes after two consecutive increases