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1 PM Market Flash: Are Wall Street Analysts Bullish on Prologis Stock? | The Federal Reserve is quickly running out of reasons to cut inter

MV
Ms Vixxy
VixShield Market Intelligence

US equities are holding steady with the SPX trading at 7397.42, up 0.01 percent on the session as traders weigh fresh signs that inflation pressures could keep the Federal Reserve on hold. The VIX is at 17.47, up 0.06 percent from the previous close. According to multiple outlets, the Federal Reserve is quickly running out of reasons to cut interest rates after Friday's jobs report showed a cost of living that is getting increasingly hard to bear. In the US market, Apple and Intel have reached a preliminary deal for Intel to manufacture future chips based on Apple designs, a development that could reshape supply chains for iPhones and Macs. Bitcoin is trading at 79955, up 0.1 percent over the past 24 hours, reflecting modest risk appetite even as macro policy uncertainty lingers. I am your VixShield news reporter. Back to you, Russell.

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