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Stock impact report

US Stock Market Today: S&P 500 Futures Rise amid Global Rate Hikes, Cooling Inflation [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
In Japan, the central bank just lifted its key rate to 0.75 percent, the highest since 1995, a reminder that borrowing costs worldwide are still drifting up and that loans for things like cars and business investment could stay expensive. At the same time, German factory gate prices are down 2.3 percent from a year ago, easing pressure on energy and goods costs. The question now is whether lower inflation abroad can support US growth sensitive sectors like technology and small caps without squeezing rate dependent areas like real estate and utilities. Today's push and pull between rising rates and easing inflation makes now the moment to uncover undervalued stocks based on cash flows before the next leg higher leaves them behind. Rivian Automotive (RIVN) jumped 15.03 percent as traders cheered ongoing cost cuts and improving production efficiency. Rocket Lab (RKLB) climbed 11.05 percent after successfully launching JAXA's RAISE 4 mission, reinforcing commercial demand. Micron Show less Read more
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