Nasdaq, Dow, S&P 500 all soar on December's inflation data
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US stocks (^DJI, ^IXIC, ^GSPC) are all soaring following this morning's Consumer Price Index (CPI) print, which saw headline inflation come in line with economist estimates while core CPI cooled in December. The Nasdaq Composite has risen by over 1.7% on the latest inflation reading.
Morning Brief's Brad Smith and Yahoo Finance markets and data editor Jared Blikre eye the market averages after the opening bell, while also observing trends in bond yields (^TYX, ^TNX, ^FVX), gold (GC=F) and copper prices (HG=F), and banking stocks.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.
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