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US stocks rallied despite a hot CPI report, with the Nasdaq surging 1.2%. Tech stocks led the rally, shrugging off concerns about inflation as investors await more economic data.
Premarket: Stocks bide time ahead of US data triple-whammy https://t.co/7lQIq2q1yu
⚠️ MORNING BID: OIL SMUDGES INFLATION VIEW, TESLA IN SLOW LANE Full Story → https://t.co/QMf5XGobQF A look at the day ahead in U.S. and global markets from Mike Dolan. https://t.co/tnhk5c7aCF
⚠️ EUROPEAN SHARES HOVER NEAR RECORD-HIGH LEVELS; US ECONOMIC DATA ON TAP Full Story → https://t.co/jjVmZkOrCD European shares opened higher on Thursday, supported by a raft of optimistic corporate updates, while investors remained cautious ahead of key economic data from the… https://t.co/AlRsPaZV3g