Stocks Jump As Consumer Prices Cool; Cava, MPWR, SHOP Show Strength
NYSE breadth was about 3-to-1 positive
Stock Market Today With IBD · Investor's Business Daily
July 12, 202315m 18s
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Show Notes
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.
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