Did The Rally End With Dow 40,000?
DOWDow(DOW) forbes.com·2024-05-19 22:14

New York Stock Exchange Opens Friday Morning After Reaching 40K On Thursday (Photo by Michael M. ... [+] Santiago/Getty Images) Getty Images Stock traders and investors had no problem with last week’s PPI and CPI report even if the PPI was a bit higher than expected. This is typical of a strong bull market as while the S&P futures were lower in an initial reaction to the PPI report, they moved higher for the rest of the day. This provided a bullish setup for Wednesday despite concerns over the CPI report. S ...