What are the top highlights in the market this morning?

What are the top highlights in the market this morning?

Today marks the final trading day of the month, and futures were indicating that Wall Street would open lower. That said, all three major averages were slated to log gains for July as a whole.

Investors are now digesting the Federal Reserve’s darling inflation gauge, which reflects the latest look at core personal consumption expenditures. 

Meanwhile, companies like Chevron and Procter & Gamble reported better-than-expected earnings and saw their shares increase 1.5% and 1% in the premarket, respectively. 

Amazon, on the other hand, warned that it expected its growth to stall some in the third quarter. 

And the CDC is slated to release data today that attempts to explain its latest rule reversal on masks. 

What else should you have on your radar this morning?

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Author: Fredrick Frost

Fedrick Frost is the Editor-in-Chief of Morning Bullets. He mainly writes about Politics, The Economy and breaking news. With over 35 years in jounralism he has been influential in helping the morning bullets newsletter readers be informed every morning.