Dow Jones today finished in the red along with the S&P 500 or SPX, Russell 2000, and Nasdaq-100. Overall, inflation sent the stock market lower. U.S. inflation rose 9.1% in June, the highest level since December 1981. Some commodities that influence inflation were up. These included crude oil, natural gas, and gold. The crypto product, bitcoin price dropped as low as the $18K level but finished in the $19K level. Next, Scott Connor weighs in on relative strength in Procter & Gamble (PG), Costco (COST), Exxon Mobil (XOM), Tesla (TLSA), and Amazon (AMZN). On the other hand, stock that saw weakness included UnitedHealth Group (UNH), Boeing (BA), FedEx (FDX), Alphabet (GOOG), and Walt Disney (DIS). Delta Airlines (DAL) stock price fell after missing on their Earnings Per Share or EPS. Also, Twitter (TWTR) filed suit to force Elon Musk to complete the $44B deal for company. Finally, Connor discusses economic data like Mortgage Applications and Consumer Price Index or CPI.