According to Adobe Analytics, overall August e-commerce prices dropped compared to last year but increased compared July of this year. This information combined with rise in oil prices perhaps sets somewhat pessimistic expectations (remains to be seen as broader data is necessary for full conclusion) for CPI data that is due tomorrow. This morning (PST) DJIA is in slight green while S&P500 and Nasdaq Composite are in the red with tech sector particularly under pressure following ORCL's quarterly results and guidance.
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