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Traders say the RESERVE BANK OF INDIA may be selling dollars to support the rupee.
2026-08-12
Traders say the RESERVE BANK OF INDIA may be selling dollars to support the rupee.
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2026-08-12
U.S. stocks closed lower on Tuesday, Aug. 11: Dow Jones Industrial Average fell 184.07 points (-0.34%) to 53,791.91; S&P 500 down 25.00 points (-0.32%) to 7,728.11; Nasdaq Composite declined 159.91 points (-0.60%) to 26,445.45.
U.S. stocks closed lower on Tuesday, Aug. 11: Dow Jones Industrial Average fell 184.07 points (-0.34%) to 53,791.91; S&P 500 down 25.00 points (-0.32%) to 7,728.11; Nasdaq Composite declined 159.91 points (-0.60%) to 26,445.45.
2026-08-12
Helen Lao, capital markets analyst at CIBC, says the July CPI report reinforces the bank's view that the Fed will hold rates unchanged at the September FOMC. Core CPI matched expectations and YoY inflation continued to moderate, which should reassure some Fed policymakers.
Helen Lao, capital markets analyst at CIBC, says the July CPI report reinforces the bank's view that the Fed will hold rates unchanged at the September FOMC. Core CPI matched expectations and YoY inflation continued to moderate, which should reassure some Fed policymakers.
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