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S&P 500 gains after light inflation data, bounce in chip stocks: Live updates CNBCKevin Warsh faces Congress for the first time as Fed chairman CNNCPI Report Live Updates: Inflation Cools to 3.5% Annually as Oil Prices Drop The New York TimesConsumer prices rose 3.5% annually in June, less than expected as energy prices eased CNBC
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U.S.-Iran War Latest: Oil prices surge as Trump aims to reinstate Strait of Hormuz blockade, U.S. to add fees CBS NewsOil prices off highs after Trump abandons 20% fee on Strait of Hormuz traffic CNBCTrump Backs Off 20% Fee for Strait of Hormuz Shipments Bloomberg.comTrump retreats from shipping toll, limits blockade in Strait of Hormuz The Washington Post
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The consumer price index in June was expected to increase 3.8% from a year ago.
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