Stocks Head Lower After CPI Report; Axon, ARES, CAVA In F...

What this episode covers

Sellers hit stocks hard after core consumer prices on a year-over-year basis came in hotter than expected for the fourth straight month. The 10-year Treasury spiked 19 basis points to 4.56%. Declining stocks outnumbered advancers on the Nasdaq by nearly 4-to-1, but buyers lifted the index off lows by the close. Axon and Ares Management are both forming flat bases, while Cava is in an alternate buy zone. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

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

This episode is 13 minutes long.

When was this Stock Market Today With IBD episode published?

This episode was published on April 10, 2024.

What is this episode about?

Sellers hit stocks hard after core consumer prices on a year-over-year basis came in hotter than expected for the fourth straight month. The 10-year Treasury spiked 19 basis points to 4.56%. Declining stocks outnumbered advancers on the Nasdaq by...

Can I download this Stock Market Today With IBD episode?

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