(BMBL), CME Group Inc. (NASDAQ:CME) - Communication Services, Technology Sectors Lead Stocks Lower In Wednesday Selloff
Share: An ugly week got even uglier today amid new inflation concerns, but tomorrow could be even more interesting as markets approach a key technical support level and more inflation data loom. There were plenty of inflation fears in the market before today, but the government’s April consumer prices report provided more proof that it’s actually out there. Most of the selling reflected new concerns that a rising price environment could force the Fed’s hand and start to weigh on company margins. Before getting deeper into the forces behind today’s selling, let’s note that first of a...
Source: benzinga.com