Stocks Hit Records As CPI Comes In Light… Plus Banks Break Out 5/15/24
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The S&P, Dow, and Nasdaq all hitting fresh record highs after this morning’s lighter-than-expected CPI data. How the new inflation data could impact the Fed’s rate cut timeline. Plus Banks breaking out. The KBW index hitting a 52-week high, and Chris Verrone is hitting the charts to find out where the group could be heading next. Fast Money Disclaimer
Stocks Hit Records As CPI Comes In Light… Plus Banks Break Out 5/15/24