Stocks fall after hot PPI inflation data, bitcoin, ethereum, and the crypto rally
Yahoo Financeยท2025-08-14 15:44
Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First off, US stock futures are falling after the latest read on inflation came in hotter than expected. We're talking about producer price index data for July. It showed that US wholesale inflation accelerated last month by the most in three years, driven by a surge in the cost of services.The latest data throwing some cold water on Wall Street's bets on interest rate cuts in S ...