Futures: Why the rally has room to run after taming the CPI
Dow Jones futures were little changed overnight, as were S&P 500 and Nasdaq futures. X The stock market rally surged on Thursday after a colder-than-expected CPI inflation report as the Dow Jones gained 1,198 points. Both headline and underlying price increases were lower than expected, strengthening the case for a slowdown in Fed rate hikes. …
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