Volatility Spikes as Inflation Resurfaces: Stocks to Watch
BJBJ’s Wholesale Club (BJ) Zacks Investment Research·2024-04-12 01:26

Volatility has a way of creeping up when we least expect it. It seemed like the market was humming along to the Fed’s narrative heading into the week, with stocks hovering near all-time highs. But the latest inflation report had other plans. Rate-cut hopes dwindled following hotter-than-expected inflation data, with stocks experiencing heavy selling pressure as a result. Yesterday’s release of the consumer price index (CPI) figures showed that prices rose 0.4% over the previous month and 3.5% year-over-year ...