Understanding current events through the lenses of the past and future.
Wall Street Journal
U.S. inflation broadly met expectations in June, keeping alive hopes for rate cuts.
https://www.wsj.com/economy/central-banking/u-s-inflation-data-keeps-door-open-for-september-interest-rate-cut-0f862413
Every industry sector in the S&P 500 ended higher in a broad rebound from what had been a rocky week on Wall Street, including a midweek tech selloff. The S&P, Dow and Nasdaq rose 1.1%, 1.6% and 1%. respectively.
EssilorLuxottica shares rose after the eyewear giant said Google and other big tech companies showed interest in exploring partnerships after its tie-up with Meta to make Ray-Ban smart glasses.