{"id":5243,"date":"2026-08-14T06:39:04","date_gmt":"2026-08-14T06:39:04","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=5243"},"modified":"2026-08-14T06:39:04","modified_gmt":"2026-08-14T06:39:04","slug":"wall-street-tries-to-shake-off-a-rough-week-as-another-inflation-test-looms","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=5243","title":{"rendered":"Wall Street tries to shake off a rough week as another inflation test looms"},"content":{"rendered":"<div>\n<p>Dow Jones Industrial futures climbed 0.2% to 53,978.00, while futures for the S&amp;P 500 gained 0.2% to 7,784.50 and futures for the Nasdaq climbed 0.1% to 29,877.25. All three have dipped this week.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=5241\">U.S. set to pay most for 30-year debt in quarter of a century<\/a><\/p>\n<p>The Labor Department will release its producer price index on Thursday, which captures inflation before it reaches consumers and can provide hints about where prices will go. It comes a day after the Labor Department reported that\u00a0consumer prices\u00a0increased 3.4% in July from a year ago, down slightly from 3.5% in June. Inflation had fallen to 2.4% before the Iran war. On a monthly basis, prices rose 0.1% from June to July.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Technology shares are rising early Thursday despite a 6% decline for Cisco Systems after it posted fourth quarter financial results. The company beat all around and its sales have surged on demand for artificial intelligence, but investors may be taking profits with the company\u2019s stock already up 61% this year.<\/p>\n<p>AI stocks have been\u00a0volatile\u00a0of late. Investors want to see proof that the big spending by tech companies will pay off.<\/p>\n<p>Shares of Netflix are up almost 2% before the bell after Bill Ackman\u2019s Pershing Square revealed a sizable stake in the streaming company. The investment firm backed out of a $1 billion stake several years ago after losing hundreds of millions of dollars, but said in a new disclosure that it believes Netflix has now \u201ceffectively won the streaming wars.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=5239\">Jennifer Garner cofounded a $732 million business at 45, and says her age came with perks: \u2018I\u2019m blissfully not motivated by needing to be in charge\u2019<\/a><\/p>\n<p>In global markets, France\u2019s CAC 40 edged up 0.2% to 8,694.25, while the German DAX added 0.5% to 26,465.94. Britain\u2019s FTSE 100 shed 0.3% to 10,800.26.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>In Asia, Japan\u2019s benchmark Nikkei 225 advanced 1.2% to finish at 68,308.59.<\/p>\n<p>In South Korea, the Kospi jumped 3.6%, climbing to 6,813.34, as shares in Samsung Electronics surged 4.9%. Computer chipmaker SK Hynix jumped 9%.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Hong Kong\u2019s Hang Seng declined 0.2% to 25,396.51.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>Benchmark U.S. crude slipped $2.13 to $81.50 a barrel. Brent crude, the international standard, fell $2.02 to $87.18 a barrel.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<p>In currency trading, the U.S. dollar fell to 159.34 Japanese yen from 159.37 yen. The euro cost $1.1536, up from $1.1526. Foreign exchange fluctuations have been in focus after the U.S. and Japan recently jointly intervened to prop up the yen. Although the dollar has fallen slightly against the yen, it still remains above 150 yen.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=5237\">Trump\u2019s tariff was a $1,000 tax on you last year. This year, maybe you\u2019ll get a small refund in your bank account<\/a><\/p>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dow, S&#038;P 500 and Nasdaq futures edge higher before the PPI report; Cisco stock slides 6% and Netflix gains on an Ackman bet.<\/p>\n","protected":false},"author":1,"featured_media":5242,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[212],"tags":[],"class_list":["post-5243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wall-street"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wall Street tries to shake off a rough week as another inflation test looms - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=5243\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wall Street tries to shake off a rough week as another inflation test looms - 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