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Stocks Slump After Inflation Data; Lululemon, CRM, AESI In Focus

Stocks Slump After Inflation Data; Lululemon, CRM, AESI In Focus

PPI inflation report due Thursday morning.

Stock Market Today With IBD

April 12, 202320m 18s

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Show Notes

The stock market initially responded positively to news that consumer prices rose 5% year over year, well below February’s reading of 6%. Growth stocks came under more selling pressure, but Lululemon and CRM continue to trade well post-earnings, while Atlas Energy is trying to clear an IPO base.

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