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S&P 500 Rises On CPI Despite Hawkish Fed; Booking, Fair Isaac, KB Home Moving episode artwork

EPISODE · Jun 12, 2024 · 14 MIN

S&P 500 Rises On CPI Despite Hawkish Fed; Booking, Fair Isaac, KB Home Moving

from Stock Market Today With IBD · host Investor's Business Daily

The S&P 500 and Nasdaq hit fresh record highs while small caps jumped, fueled by a tame CPI report before the open. Stocks largely held their gains despite a somewhat-hawkish Fed rate outlook, but then faded late in the session. Booking Holding broke out while Fair Isaac made a bullish move. KB Home soared initially, but slashed gains as Treasury yields pared losses. Learn more about your ad choices. Visit megaphone.fm/adchoices

What this episode covers

The S&P 500 and Nasdaq hit fresh record highs while small caps jumped, fueled by a tame CPI report before the open. Stocks largely held their gains despite a somewhat-hawkish Fed rate outlook, but then faded late in the session. Booking Holding broke out while Fair Isaac made a bullish move. KB Home soared initially, but slashed gains as Treasury yields pared losses. Learn more about your ad choices. Visit megaphone.fm/adchoices

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S&P 500 Rises On CPI Despite Hawkish Fed; Booking, Fair Isaac, KB Home Moving

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Frequently Asked Questions

How long is this episode of Stock Market Today With IBD?

This episode is 14 minutes long.

When was this Stock Market Today With IBD episode published?

This episode was published on June 12, 2024.

What is this episode about?

The S&P 500 and Nasdaq hit fresh record highs while small caps jumped, fueled by a tame CPI report before the open. Stocks largely held their gains despite a somewhat-hawkish Fed rate outlook, but then faded late in the session. Booking Holding...

Can I download this Stock Market Today With IBD episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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