Oil snaps trend hitting monthly low

Oil prices drop below $80 per barrel on China demand concerns. (0:15) Stocks see sharp reversal from overnight Nvidia enthusiasm. (1:37) Wells Fargo like the look of ‘uber caps.’ (4:55)

Episode transcripts seekingalpha.com/wsb

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Show Notes
Initial jobless claims fall for second week in a row
Rocket Lab rallies after 40th Electron mission includes reusing an engine
Snowflake pops as Q2 results show consumption 'stabilizing,' some 'green shoots'