CPI report came in hotter than expected, how does it affect the stock market
Other “Magnificent 7″ megacaps also continued surging, with Tesla (TSLA) up about 5% and Meta (META) up almost 3%. The consumer price index came in at 2.4%, unchanged from the previous month but hotter than economists’ estimate of 2.3% in a Reuters poll. Japan’s 40-year government bonds yields hit an …

