Nasdaq Rises Over 2.4% Following December CPI Announcement

Reported about 6 hours ago

U.S. stocks finished strong as the Nasdaq Composite surged 2.45%, driven by a cooling core inflation reported in December's Consumer Price Index (CPI). The S&P 500 also saw a significant increase of over 1.8%. Analysts linked the rally in equities to falling bond yields and discussed the implications for small-cap stocks and bank earnings.

Source: YAHOO

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