Over the past few trading days, the broader U.S. equity markets witnessed a roller-coaster ride as stocks swayed in accordance with recent market developments. At the beginning of the past week, the stocks were hard hit as fresh inflation data raised concerns about the Federal Reserve’s pledge for a slew of rate cuts this year. The U.S. consumer price index for January was up 0.3% month-over-month and 3.1% on a year-over-year basis. This compared unfavorably with broad-based expectations of 0.2% and 2.95, r ...