9/11 Premarket
The FANG+ index of big 10 tech companies has lost 5.4% so far this week, its biggest weekly loss since March
● CPI comes in at an 0.4% increase for August, vs. 0.3% expected
● Core CPI also comes in at 0.4%, driven by used car prices
○ Brings annual inflation to 1.4% vs. 1.3% in July
● The seven-day average of daily new cases has fallen to 35,219, down more than 12% compared with a week ago.
● Senate Republicans failed to advance their latest coronavirus stimulus bill.
● UK strikes historic trade deal with Japan, would allow 99% of British exports to cross the border tariff-free
● London’s Heathrow Airport said passenger numbers fell 81.5% in August compared with last year
● Israel is preparing to enter a second nationwide lockdown in order to slow the spread of the coronavirus
● China and Russia to kick off joint military exercises
● Chinese fighter jets swarm over Taiwan, tensions simmer
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