Oppenheimer analyst Justin Kim downgrades Aurinia Pharmaceuticals (NASDAQ:AUPH) from Outperform to Perform.
Why Investors Shouldn’t Be So Happy About 8.5% CPI Inflation; They’re Ignoring ‘The Elephant In The Room’
The SPDR S&P 500 ETF Trust (NYSE: SPY) is up 3.4% in the past week, and much of the positive momentum has come after the July consumer price index (CPI) reading was up just 8.5% year-over-year.