Seven Sisters

The Nasdaq dropped nearly 2%, with the 'FANG' stocks seeing their largest sell-off in a year and a half, while small-cap and Chinese tech stocks surged, and U.S. bonds and gold soared.

U.S. inflation eased across the board, with June CPI turning negative for the first time in four years on a month-over-month basis, and core year-over-year growth hitting a three-year low, boosting expectations of a significant interest rate cut later this year.

Ahead of a crucial press conference, Biden once again made a verbal slip, with reports suggesting his advisors are discussing persuading him to withdraw from the race.

A shift in market style in the U.S. saw the Nasdaq 100 tumble, while small-cap indices surged, marking the largest divergence since January 2021.

Tesla's 11-day winning streak came to an end, closing down over 8%, with the RoboTaxi launch postponed until October.

Even a significant drop in U.S. inflation couldn't salvage the ultra-long-term Treasury auction, as the sale of 30-year bonds disappointed.

Reports indicated intervention by Japan's Ministry of Finance, leading to a nearly 3% surge in the yen after U.S. CPI data was released.

OpenAI's development of a system to "customize" AI evolution levels sees them claim to be approaching the second level of human-like reasoning.

Which Stocks Always Surprise You?

Some stocks always manage to surprise during boring days or when their prices decline. Which stock is your delightful surprise in stock market? Will NVIDIA, which is set to release its earnings tonight, bring surprises?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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