Nasdaq and S&P 500 Hit Intraday Record Highs as U.S. CPI Falls Below Expectations

U.S. stock markets opened strongly, with major indexes reaching record levels after consumer inflation data came in weaker than expected.

134d ago

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Terms & Concepts

CPI (Consumer Price Index): A measure of the average change over time in the prices paid by consumers for goods and services; often used to gauge inflation.
Nasdaq Composite Index: A market index representing over 3,000 technology and growth-oriented companies listed on the Nasdaq stock exchange.
S&P 500 Index: A widely followed U.S. stock market index tracking the performance of 500 large publicly traded companies from various sectors.