US Markets
Home›US Markets›Equities›Stocks rise after CPI meets forecasts
Stocks rise after CPI meets forecasts
The AI trade gained support as upbeat results from CoreWeave and Super Micro added momentum following the inflation data.
Stocks gained after the latest CPI reading met market expectations, easing pressure on the rate outlook.
WSJ Markets said upbeat results from CoreWeave and Super Micro rekindled investor interest in the AI trade.
The combination of inflation data that matched forecasts and stronger AI-related performance helped lift equities broadly.
← Newer storyAustralian regulator takes down Yepbit websites amid withdrawal compl…Older story →Tech earnings lift stock futures as AI trade resumes