Wall St eyes higher open as Tesla rallies; inflation data in focus
Apple climbed 1.4% after a near 6% decline last week on China's restrictions of iPhone usage for government officials, and ahead of its fall event on Sept. 12.
Investors now await the crucial consumer and producer prices data as well as retail sales numbers due later this week. "The inflation numbers should be expected to be at least flat if not higher and most likely slightly higher as compared to the continued decline we've seen since last year, said Hugh Anderson, managing director at HighTower Advisors.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley By ReutersTesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley
Read more »
Pricing in focus as Zara owner Inditex seeks to maintain its edge over rivals By ReutersPricing in focus as Zara owner Inditex seeks to maintain its edge over rivals
Read more »
South China small businesses start to count cost of record rains By ReutersSouth China small businesses start to count cost of record rains
Read more »
Rakuten CEO touts Viber's ability to counter Russian 'fake news' during Kyiv visit By ReutersRakuten CEO touts Viber's ability to counter Russian 'fake news' during Kyiv visit
Read more »
World leaders served humble millet at G20 gala dinner By ReutersWorld leaders served humble millet at G20 gala dinner
Read more »
US, Vietnam to elevate ties during Biden visit, with eye on China By ReutersUS, Vietnam to elevate ties during Biden visit, with eye on China
Read more »