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

Episode metadata supplied by the publisher feed · Published Jul 12, 2023

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Stocks Jump As Consumer Prices Cool; Cava, MPWR, SHOP Show Strength

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