Stock Market Today: Dow Surges 1000 Points as CPI Report Shows Inflation Eased to 7.7% in October

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The Nasdaq soared 6%, on pace for its biggest one-day gain since 2020

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

What’s this mean. Anything at all?

base effect?

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data analysts? Last year CPI jumped from 5.4 Sep to 6.2 Oct. so this year Oct CPI is comp’ng a higher number. If we compare prices in 2022vs 2020 you get Sep (1.054*1.082=1.14) for Oct (1.062*1.077=1.144). It’s been running at this rate since July even with SOR dumps.FoxNews

It's like a Pavlovian response. Tech tends to over react to everything. Take profits or reduce losses while you can.

On behalf of the Punk Revolution, which helped elect democrats this week— You’re welcome.

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