{"id":7569,"date":"2022-10-01T07:15:46","date_gmt":"2022-10-01T07:15:46","guid":{"rendered":"https:\/\/rsvtv.com\/finance-investments\/stock-market-coverage-friday-august-12-yahoo-finance\/"},"modified":"2022-10-01T07:15:46","modified_gmt":"2022-10-01T07:15:46","slug":"stock-market-coverage-friday-august-12-yahoo-finance","status":"publish","type":"post","link":"https:\/\/d56fg8tfg.fitnews.club\/finance\/stock-market-coverage-friday-august-12-yahoo-finance\/","title":{"rendered":"Stock Market Coverage \u2013 Friday August 12 Yahoo Finance"},"content":{"rendered":"<img fifu-featured=\"1\" width=\"1920\" data-src=\"https:\/\/i.ytimg.com\/vi\/v4x81u69UGA\/maxresdefault.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Stock Market Coverage &#8211; Friday August 12 Yahoo Finance\" loading=\"lazy\"  link_thumbnail=\"\"  style=\"display:none\"><p><iframe loading=\"lazy\"  width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/v4x81u69UGA?modestbranding=1\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>#bonds #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed<br \/>\n#YahooFinance #investing #stockmarket #bitcoin #crypto<br \/>\nGet the latest up-to-the-minute continuous stock market live stream coverage and big interviews in the world of finance every Monday\u2013Friday from 9 am to 5pm (ET).<\/p>\n<p>Electric-vehicle maker Rivian Automotive (RIVN) was on watch after the company on Thursday reported a wider-than-expected loss for the second quarter but maintained its production outlook for the rest of the year. Shares edged 2% higher in pre-market trading after initially stumbling following the results.<\/p>\n<p>Apple (AAPL) shares ticked up following a Bloomberg News report that indicated the tech giant expects to sustain iPhone sales in 2022 despite a market slowdown. The company projects it will assemble roughly 220 million iPhones in total this year, per Bloomberg, which cited people familiar with the matter. Apple\u2019s sales and production expectations are typically a closely-guarded secret.<\/p>\n<p>An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, New York, U.S., March 18, 2022. REUTERS\/Mike Segar<br \/>\nAn employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, New York, U.S., March 18, 2022. REUTERS\/Mike Segar<br \/>\nEconomic data in recent days has reassured investors that inflationary pressures are beginning to cool across the economy after climbing at a steady pace since early 2021. The producer price index (PPI) on Thursday showed prices fell 0.5% from the prior month compared to expectations of a 0.2% increase. On Wednesday, the consumer price index (CPI) showed prices stayed flat over the month and rose a less-than-expected 8.5% annually.<\/p>\n<p>\u201cThe fact we&#8217;re starting to see energy prices come down, that might be a sign of what is more to come for other inflation indicators,\u201d iCapital Network Chief Investment Strategist Anastasia Amoroso told Yahoo Finance Live. \u201cWe\u2019re starting to chip away at this inflation issue, and that&#8217;s a big catalyst for the markets.\u201d<\/p>\n<p>CPI data on Wednesday showed the gasoline index fell 7.7% month-over-month in July \u2013 the largest drop since April 2020 \u2013 as gas prices fall over the past 59 days to dip below $4 a gallon for the first time since March on Thursday, data from AAA showed.<\/p>\n<p>Investors have more data on the docket Friday, with import prices due out at 8:30 a.m. ET. and the University of Michigan\u2019s consumer sentiment survey set for release at 10:00 a.m. ET.<\/p>\n<p>For more on this article, please visit:<\/p>","protected":false},"excerpt":{"rendered":"<p><img width=\"1920\" data-src=\"https:\/\/i.ytimg.com\/vi\/v4x81u69UGA\/maxresdefault.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Stock Market Coverage \u2013 Friday August 12 Yahoo Finance\" loading=\"lazy\">#bonds #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto Get the latest up-to-the-minute continuous stock<\/p>\n","protected":false},"author":1,"featured_media":7570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[373],"tags":[],"class_list":{"0":"post-7569","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance"},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.6.9 - 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