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U.S. stocks are higher in early trade as triple witching approaches, oil falls and investors focus on rate-cut hopes. The piece also cites stronger AI-related money flows, softer housing data and mixed macro prints.
The July Consumer Price Index lands Wednesday at 8:30 a.m. ET, and traders are hoping a soft number can reignite momentum in high-beta names like Palantir Technologies Inc. (NASDAQ: PLTR ) and Tesla Inc. (NASDAQ: TSLA ). Cato Institute economist Jai Kedia doubts it. “It is unlikely that any meaningful change to those s