Stocks rise after cool inflation data feeds into rate cut hopes

, which was in line with expectations and slower than April's 0.3% increase. The cooler read is bolstering traders' hopes that the Fed will cut rates sooner rather than later.You're taking a look at some declines right now by about 1/10 of a percent S and P 500 that is moving higher by about 1/10 of a percent will be generous and around that off, too, and the NASDAQ composite that higher by about 1/10 of a percent.

So even though we're not seeing a lot of action today, we have seen a lot of action over the last 23 months here.You can see just about even for the week.S and P 500 a little bit less, but half of that.So that's just showing you that the mega caps a bit stronger than the rest of the, uh, the market there.Also Russell indices.That happens after the close and doesn't mean a whole lot for retail traders.So, uh, take that as you will now here is the S and P 500 sectors.

The energy sector outperformed the market. However, within the sector, there is a stock to buy and a stock to avoid. The post 1 Energy Stock to Buy Hand Over Fist and 1 to Avoid appeared first on The Motley Fool Canada.

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