The S&P 500 notched a marvelous rally in the first three months of 2024, banking on AI optimism and hopes that the Federal Reserve will cut interest rates in the second half of this year. However, the broader index has experienced a topsy-turvy ride so far this month. This is because of a hotter- than-expected rise in consumer prices and an uptick in wholesale prices that dampened the chances of any rate cuts soon. Even though the prices of indispensable goods and services dropped significantly from their p ...