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US stocks (^DJI, ^IXIC, ^GSPC) close the day with a bang, rising higher after December’s consumer price index (CPI) saw core inflation (which excludes food and energy costs) cool. The Nasdaq Composite rose by a whopping 2.45% – or 466 – followed by the S&P 500 by over 1.8%.
Market Domination Overtime host Julie Hyman compares the positive action for stocks to the decline in bond yields (^TYX, ^TNX, ^FVX), while also turning her attention to the Russell 2000 small-cap index (^RUT) and Big Bank- earnings.
To see more expert insight and analysis of the latest market action, check out more Market Domination Overtime here.
This post was written by Luke Carberry Mogan.
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