IBX

18.5706.85%

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TheRaccoonAnalysis

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Jul 15 at 05:37 AM

Cooling inflation strengthened expectations that price pressures are easing, prompting investors to increase exposure to risk assets. Softer-than-expected CPI reduced expectations of a near-term interest rate hike, supporting gains in technology and semiconductor stocks, which are generally more sensitive to interest rate expectations. While the broader market responded positively, performance remained mixed across sectors, with the Dow’s advance limited by weakness in IBM.

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Captain's Watch

☕️ [Task Coins Giveaway] Daily Market Talk — Cool CPI Lifts Chips, IBM Craters 25%

Inflation finally broke the market's way. June CPI cooled hard to 3.5%, the biggest monthly drop in six years, gutting July hike odds and sending chips flying. But it was a split tape: JPMorgan and Go...

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