Fed's Waller Calls For July Cut; Netflix Slips Despite Earnings Beat | Bloomberg Brief 7/18/2025
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Stocks rise and the dollar weakens after both the S&P 500 and the Nasdaq 100 hit all-time highs. Fed Governor Christopher Waller says that the central bank should cut rates in July and cut a second time this year. Netflix shares fall despite delivering a beat across the board in the last quarter amid lofty expectations. Speculation abounds over a further softening of ties between the US and China after some chip curbs were lifted on Nvidia and AMD. Aneeka Gupta of Wisdomtree says it is better
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