US stocks (^DJI, ^IXIC, ^GSPC) close out the trading day with a bang, surging higher after December’s Consumer Price Index (CPI) saw core inflation (which excludes food and energy costs) to be cooling. The Nasdaq Composite shot up by a whopping 2.45% — or 466 — followed by the S&P 500 jumping by over 1.8%. Market Domination Overtime host Julie Hyman compares the positive action for equities with the declines in bond yields (^TYX, ^TNX, ^FVX), while also turning her attention to the Russell 2000 small-cap index (^RUT) and Big Bank earnings. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.
Nasdaq surges by over 2.4% after December CPI lifts stocks
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