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WSJ What’s News

WSJ Poll Shows Wave of Support for Kamala Harris

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 26 July 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

P.M. Edition for July 26. A new Wall Street Journal poll finds Kamala Harris and Donald Trump are virtually tied after President Biden stepped out of the race. WSJ editor Aaron Zitner breaks down the results. And WSJ columnist Spencer Jakab warns that junk stocks could be dragging down the returns of our stock index funds. Plus, new U.S. inflation data keep the door open for an interest rate cut in September. Jennifer Maloney hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:21.0

A new Wall Street Journal poll shows a dead heat between Donald Trump and Kamala Harris.

0:29.0

Here's the thing that screams out to me about the entry of Kamala Harris into this race. It's enthusiasm. Both parties

0:37.0

show more than 80% of people within their party saying they're enthusiastic about their

0:42.3

candidate. I mean that in itself

0:44.4

is the proverbial vibe shift. And the latest US inflation data keeps the door

0:51.2

open for a September interest rate cut.

0:54.0

Plus, the junk stocks in your index fund could be costing you big time.

0:59.0

It's Friday, July 26th.

1:01.0

I'm Jennifer Maloney for the Wall Street Journal. This is the PM edition

1:06.1

of What's News, the top headlines and business stories that move to the world today.

1:11.2

U.S. inflation today.

1:13.0

U.S. inflation broadly met expectations in June and remained above the Federal Reserve's 2% target,

1:20.0

keeping the door open for an interest rate cut in September.

1:23.8

The Department of Commerce said its personal consumption expenditures inflation gauge

1:27.6

rose 2.5% in June compared to a year earlier.

1:31.1

Excluding volatile food and energy prices, PCE inflation rose 2.6 percent, the same

1:36.2

as in May.

1:40.2

Investors today continue to spread their bets beyond the big tech firms that have powered stock indexes to new heights.

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