Stocks Jump As Consumer Prices Cool; Cava, MPWR, SHOP Show Strength
Jul 12, 2023
15:18
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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.
Stock Market Today With IBD