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Nasdaq Fades Off Highs After Mixed CPI Data; Airbnb, CDNS, IR In Focus

Nasdaq Fades Off Highs After Mixed CPI Data; Airbnb, CDNS, IR In Focus

PPI, retail sales, ADBE earnings due Thursday.

Stock Market Today With IBD

September 13, 202316m 23s

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Show Notes

The 10-year Treasury yield reversed lower after hitting a high of 4.34%. Oil and gas, airline and solar stocks lagged. Airbnb halted a four-session win streak, but continues to hold above key support levels. Cadence Design Systems outperformed, but Ingersoll Rand flashed a sell signal.

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