Wall Street Is Waiting on Inflation
Wall Street Is Waiting on Inflation
, and futures are mostly rangebound as investors wait for the latest CPI data, which could have a big impact on expectations for the Fed and interest rates. After Tuesday’s pullback, the market feels like it’s holding its breath. Tech names like , and could see some bigger moves depending on how the inflation numbers come in. Will CPI give the bulls another reason to push higher, or could a hotter number trigger a bigger pullback?
CPI could be the key catalyst here, cooler inflation may reignite the rally, while a hotter print could quickly pressure high-valuation tech names.
totally agree with you. i’m especially curious to see how nvidia handles the news since it’s been leading the charge lately.
CPI could definitely be the next big catalyst. If inflation comes in cooler, tech could get another boost, but a hotter number might bring rate-cut hopes back down fast.
honestly i'm a bit nervous about how apple will react if the inflation print is high. hopefully it stays cool so we can see some green today.