ICYMI - Trump administration to discuss US taking stake in Intel. Intel surged.

S&P 500 hits record despite hot PPI; Dow, Nasdaq dip. Traders pare Fed rate cut bets as yields rise.

ICYMI - Shares of Intel surged over 7% on Thursday after Bloomberg reported the US government may take an equity stake in the chipmaker.

Hot PPI data dims rate cut hopes, sending tech stocks like S, CFLT, BL, DOCN, APP down 3-3.6%.

Hot PPI data crushes rate cut hopes! RNG down 7.9%, BILL -3.1%, SPT -3.3%. SaaS stocks hit hard.

Hot PPI data crushes rate cut hopes! AMPL, BRZE, IOT dip 3% as SaaS stocks feel the heat. Traders eye volatility.

Economist warns of deflationary shock! US retail sales weak (-0.9% May), immigration down 20.5%. Aging population adds risk.

Hot PPI inflation rattles markets, but stocks shrug it off. S&P 500 ekes out gains despite the data.