8/13 Tue 20:50 ET
— Ecoa Notes (@mestonecoa) August 14, 2024
• Markets given a go signal as PPI +0.1% vs. expectation of +0.2%. $SPX +1.7%, $IXIC +2.4%. A week ago market was asking for an emergency rate-cut.
• $SBUX +24% as Starbucks places Brian Niccol from Chipotle as new CEO. Elliott Management acquired stake in… pic.twitter.com/M9tHVzv8wb