CPI News Breakdown: Key Market Moves to Follow Hosted by MarketBeat StaffJuly 11, 2024 ShareLink copied to clipboard. Play video for CPI News Breakdown: Key Market Moves to FollowDetailsGuestsIn this video, we dive into the recent June CPI report and its implications for the market. With consumer prices seeing a rare decline, it's a unique opportunity to add to your stock positions. Join us as we break down the latest CPI news, its effect on your favorite stocks, and the broader market. We also discuss how these economic indicators might lead to a potential interest rate cut by the FOMC later this year and why that could be bullish for the market. Find out how different industries, such as utilities, real estate, energy, and financials, react to these announcements and identify specific stocks to watch, including oversold stocks and those with strong growth potential. Plus, get practical tips on tracking CPI impacts using MarketBeat's tools and staying ahead with our breaking news alerts.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioABBVAbbVie4.8182 of 5 stars$187.85-0.9%3.30%62.62COSTCostco Wholesale4.6216 of 5 stars$891.22-0.2%0.52%53.79WMTWalmart4.4104 of 5 stars$82.51-0.6%1.01%42.90ENPHEnphase Energy4.5569 of 5 stars$83.83+3.4%N/A190.52PEPPepsiCo4.2049 of 5 stars$171.79-0.2%3.16%25.34NVDANVIDIA4.5959 of 5 stars$141.54+0.8%0.03%66.39 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffJuly 11, 2024 ShareLink copied to clipboard. Play video for CPI News Breakdown: Key Market Moves to FollowDetailsGuestsIn this video, we dive into the recent June CPI report and its implications for the market. With consumer prices seeing a rare decline, it's a unique opportunity to add to your stock positions. Join us as we break down the latest CPI news, its effect on your favorite stocks, and the broader market. We also discuss how these economic indicators might lead to a potential interest rate cut by the FOMC later this year and why that could be bullish for the market. Find out how different industries, such as utilities, real estate, energy, and financials, react to these announcements and identify specific stocks to watch, including oversold stocks and those with strong growth potential. Plus, get practical tips on tracking CPI impacts using MarketBeat's tools and staying ahead with our breaking news alerts.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioABBVAbbVie4.8182 of 5 stars$187.85-0.9%3.30%62.62COSTCostco Wholesale4.6216 of 5 stars$891.22-0.2%0.52%53.79WMTWalmart4.4104 of 5 stars$82.51-0.6%1.01%42.90ENPHEnphase Energy4.5569 of 5 stars$83.83+3.4%N/A190.52PEPPepsiCo4.2049 of 5 stars$171.79-0.2%3.16%25.34NVDANVIDIA4.5959 of 5 stars$141.54+0.8%0.03%66.39 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored7 Undervalued Growth Stocks Ready for ReversalTraders and investors are digesting what a 50-basis point (0.50%) cut in interest rates means for stocks. If y...MarketBeatNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored7 Logistics Stocks That Could Soar if Ports CloseWhen the clock strikes midnight on October 1, 2024, dockworkers at dozens of ports throughout the United State...MarketBeatElon Musk Drops Stunning Bombshell?Elon Musk just dropped a BOMBSHELL that could send shockwaves throughout the tech industry… While deliverin...Paradigm Press | Sponsored7 Warren Buffett Stocks to Ride Out Market VolatilityWarren Buffett has been one of the most closely watched investors in the last half-century. The “Oracle ...MarketBeat