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Inflation Eases, Tech Soars

Season 1 Episode 1462 Published 9 months, 2 weeks ago
Description
Fresh news and strategies for traders. SPY Trader episode #1462. The market staged a powerful latesession reversal, driven primarily by the November CPI report showing core inflation easing to 2.6%, fueling hopes for future Fed rate cuts. This dovish outlook spurred a narrow, riskon rally concentrated in Technology, led by strong earnings from Micron, though companyspecific risks were evident as Nike projected a sales decline.
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