| ⏰ Good Morning! Here's your historical nugget for August 13: | On this day in 1961, East German authorities began construction of the Berlin Wall, abruptly sealing off East and West Berlin. The barrier stood for 28 years, becoming one of the most powerful symbols of the Cold War, until its fall in 1989. | — Break down your own walls today. 🧱➡️🌟 | Table of Contents | | | | | | The AM Shift | 3 Dead After Intense Rain Triggers Historic Flash Flooding in Tennessee | | Severe overnight storms dumped more than six inches of rain on Chattanooga, Tennessee, making it one of the city's wettest days on record. The intense rainfall triggered flash flooding that stranded motorists, inundated homes, and forced the temporary closure of Interstate 24 and multiple local roads. Emergency crews conducted numerous rescues as rapidly rising waters overwhelmed the region. | In East Ridge, tragedy struck when a waterlogged tree fell onto a car, killing a mother, father, and their child. Hamilton County's mayor declared a state of emergency, and shelters were opened for displaced residents. Forecasters warn that more rain could worsen flooding in the coming days. | |
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| | | | | 📈 U.S. Stock Market Snapshot | Stocks edged higher Tuesday as Wall Street balanced optimism over potential Federal Reserve rate cuts with caution ahead of key inflation data. Strength in technology and consumer sectors helped lift the market, while energy shares lagged amid falling crude prices. Investors also kept a close eye on August's historically volatile trading patterns. | 🔹 Key Indicators | S&P 500 (SPY): ▲ 0.42% → 639.05
Nasdaq 100 (QQQ): ▲ 0.37% → 574.98
Dow Jones (DIA): ▲ 0.40% → 444.10
10-Year Treasury Yield: ↑ 4.31% | 🔍 Notable Moving Stocks | 📈 Gainers: | Microsoft (MSFT): ▲ 1.9% – Climbed after unveiling new AI-powered productivity tools for enterprise clients. Bank of America (BAC): ▲ 1.6% – Rose on stronger-than-expected credit and debit card transaction volumes. Meta Platforms (META): ▲ 1.4% – Advanced on bullish analyst commentary regarding digital ad growth.
| 📉 Decliners: | Chevron (CVX): ▼ 2.1% – Fell as oil prices dropped to a one-month low. Moderna (MRNA): ▼ 1.7% – Declined amid reports of softening demand for COVID-related products. Netflix (NFLX): ▼ 1.5% – Slipped following concerns over slowing subscriber additions in key markets.
| 📅 Looking Ahead: | All eyes are on July's Consumer Price Index (CPI) report, due Wednesday, for clues on the Fed's next move. Thursday's Producer Price Index (PPI) release will offer another gauge on inflationary pressures. Earnings updates from major retailers and geopolitical developments could sway sentiment in the near term.
| The information provided in this summary is sourced from CNBC and is for informational purposes only. It is not intended as financial advice or a recommendation to buy or sell any securities. Please conduct your own research or consult with a financial advisor before making any investment decisions. |
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| | | | | The Political Shift | Trump and Putin to Hold High-Security Summit at Alaska Military Base | | President Donald Trump and Russian President Vladimir Putin will meet Friday, August 15, at Joint Base Elmendorf-Richardson in Anchorage, Alaska—their first in-person talks since Trump's reelection and the first U.S.-hosted summit between the two nations in nearly 40 years. The White House says the meeting will center on the war in Ukraine, serving as a listening session for Trump rather than a forum for immediate policy decisions. | The summit is being held at Alaska's largest military installation for its high security and remote location. U.S. officials say the timing is critical, with the Ukraine conflict at a volatile stage and both leaders looking to influence the next phase. Alaska's historical ties to Russia and its proximity to the Bering Strait add symbolic weight to a meeting already seen as a high-stakes diplomatic test. | |
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| | Did you like this Newsletter?We work to make this an enjoying read for you. Please let us know what we can do better. | | | | | | The AM Challange | 🧠 Time for the 5-Minute Riddle Challenge! ⏳🧩
No hints, no shortcuts—just you and your brain. | Riddle:
I travel the world
while staying in a corner.
What am I? | Take your time… then scroll for the answer.
🔽
🔽
🔽
Answer: A postage stamp. ✉️ | Stamped it? Now send your best today. 🚀 |
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