CNN At This Hour With Kate Bolduan June 4, 2024 16:34:00
Dropping. month over month, we saw price declines for apparel, air fare, used cars, fresh fruit. used cars in particular, that was a big driver of this inflation report. one economist said the quote used car bubble is rapidly deflating. now, markets are loving this news. the dow surging 900 point, around 3%. even bigger gains for the s&p 500 and nasdaq. on track for their best days since april of 2020. markets are hoping this means, actually 1,000 points. 3.1% now. session highs for the stock ma...
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