Episode Details
Back to EpisodesS&P 500 Rises On CPI Despite Hawkish Fed; Booking, Fair Isaac, KB Home Moving
Episode 331
Published 2 years, 1 month ago
Description
The S&P 500 and Nasdaq hit fresh record highs while small caps jumped, fueled by a tame CPI report before the open. Stocks largely held their gains despite a somewhat-hawkish Fed rate outlook, but then faded late in the session. Booking Holding broke out while Fair Isaac made a bullish move. KB Home soared initially, but slashed gains as Treasury yields pared losses.
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