EPISODE · Jul 12, 2023 · 15 MIN
Stocks Jump As Consumer Prices Cool; Cava, MPWR, SHOP Show Strength
from Stock Market Today With IBD · host Investor's Business Daily
Consumer prices rose less than expected in June, fueling another stock market rally. Investors bought bonds, sending the 10-year Treasury yield sharply lower. The U.S. dollar extended losses. Cava soared to a new high after its IPO last month, while Monolithic Power Systems and Shopify gave buy signals. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Consumer prices rose less than expected in June, fueling another stock market rally. Investors bought bonds, sending the 10-year Treasury yield sharply lower. The U.S. dollar extended losses. Cava soared to a new high after its IPO last month, while Monolithic Power Systems and Shopify gave buy signals. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Stocks Jump As Consumer Prices Cool; Cava, MPWR, SHOP Show Strength
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