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Market Update after CPI

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1 Min Read

 

August 11, 2022

 

Market Update after CPI

 

MARKETS

 

 

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Nasdaq

12,854.81

+2.89%

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S&P

4,210.24

+2.13%

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Dow

33,309.51

+1.63%

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10-Year

2.788%

+0.4 bps

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Bitcoin

$23,934.13

+2.97%

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Meta

$178.34

+5.82%

Data as of market the et close, cryptocurrency data as of 7:007:00 pm 

Markets: With cheerful tears in their eyes, financial backers sent stocks soaring higher yesterday after the July expansion report came in cooler than anticipated. Furthermore, what about two words you haven’t heard in quite a while: “positively trending market.” Thanks to a resurgence in significant tech stocks, the Nasdaq entered one yesterday subsequent to bouncing back over 20% from its low in June.

 

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