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US Stocks Surge Led by Tech Despite Sticky CPI and Rate Hike Fears

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • U.S.
  • equities rallied across the board led by technology, with major indices gaining around 1% despite hotter CPI data.
  • Retreating oil prices and upbeat tech earnings bolstered risk appetite, even as the market priced in an 86% chance of a September Federal Reserve rate hike.
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US100 price history

29368.44 +18.07% over the displayed period

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