Falling Inflation Sparks Rally in Tech Stocks
All three major indexes closed higher after the June CPI report, but tech stocks saw outsized gains.
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All three major indexes closed higher after the June CPI report, but tech stocks saw outsized gains.
All three major indexes closed higher after the June CPI report, but tech stocks saw outsized gains. The latest inflation data lit a fire under stocks Wednesday, with all three major indexes closing solidly higher. Data from the Bureau of Labor Statistics showed that consumer prices rose at their slowest pace in two years, though this did little to lower expectations of another quarter-point rate hike coming down the pike. Taking a closer look at the numbers, the June Consumer Price Index (CPI)
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owners and trainers who normally compete with one another are help being each other. >> it's a terrible disaster. terrible. i've never seen nothing like this. and don't want to see it again either. >> reporter: with help from the casinos and track, stables have been found and new arrivals. >> it was a quick turnaround. and we're grateful for the horsemen in our employees who were able to get that done. >> reporter: investigators have not been able to turn up any evidence of arson. and a cause may never be known. when you have a burn like this, a complete burn, basically all of the ev...