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Nasdaq Outperforms After Cooler Inflation Print; Banks and Miners Help Extend Gains
Published 1 month ago
Description
$SPY $QQQ — A cooler-than-expected June CPI and upbeat bank earnings powered a tech-led rally Thursday. The S&P 500 (SPY) rose, driven by the Nasdaq-100 (QQQ), while small caps lagged. Materials, financials and real estate stood out amid sector rotation and company-specific catalysts.