Bullish Stocks Narrative Seen as Intact After US Inflation Data

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A cooldown in the Federal Reserve’s preferred gauge of underlying inflation last month, coupled with a rebound in household spending, failed to shift the Wall Street consensus that has lifted stocks to records in the first quarter.

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The EV slowdown has already hit Tesla, Rivian, and others. These stocks are also casualties.Charging network stocks have seen double-digit declines in the past year.
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