Megan Leonhardt explains that the way the government is measuring several prices is changing so the big takeaway for the next inflation report will be less clear cut. Micron which posts earnings after the bell, was one of the biggest movers before the market opened along with Cal-Maine which fell as much as 7.7%. Well now they have fallen back down—and the egg producer’s quarterly sales declined more than 40%.
Rupert Steiner is the European Bureau Chief at Dow Jones Media Group. He specializes in finance, with a particular focus on cryptocurrency, crypto exchanges, and regulatory issues surrounding the crypto market. Rupert's insights and analyses have been featured in notable publications such as Barron's, The Sun, and MarketWatch, among others.
