Stocks Jump As Consumer Prices Cool; Cava, MPWR, SHOP Show Strength
Podcast:Stock Market Today With IBD Published On: Wed Jul 12 2023 Description: Consumer prices rose less than expected in June, fueling another stock market rally. Investors bought bonds, sending the 10-year Treasury yield sharply lower. The U.S. dollar extended losses. Cava soared to a new high after its IPO last month, while Monolithic Power Systems and Shopify gave buy signals. Learn more about your ad choices. Visit megaphone.fm/adchoices