Whipsaw Day on Wall Street

Nasdaq climbs more than 1.5% as Wall Street bounces back from inflation report sell-off (CNBC)

Nvidia Stock Pops 7% As CEO Huang Touts Demand For Chips (Forbes)

Here’s the inflation breakdown for August 2024 — in one chart (CNBC)

A Recession Signal Is Flashing Red. Or Is It? (WSJ)

Rate Cuts Won’t Quickly Ease Strain on Consumers (Bloomberg)

Mortgage rates hit lowest level since February 2023 (CNBC)

Novo Nordisk experimental obesity pill has mild-to-moderate side effects in trial (Reuters)

Bitcoin could soon hit six figures regardless of who wins U.S. election, investors say (CNBC)