Markets Open Higher On Lower PPI, EU & Indonesia Add Tariff Talk Momentum

Like CPI, this morning's PPI print came in lower than Wall Street expected. Kevin Hincks points out that some sectors like services saw significantly lower pricing. It's good for the inflation picture, but not for investors looking for an immediate interest rate cut from the Fed. However, Kevin believes September will open the door to that possibility. On tariffs, negotiators from the EU are expected to reignite momentum in talks when they come to Washington.

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