@Shop:U.S. stocks finished mixed in back-and-forth trading Tuesday afternoon as Wall Street weighed the implications of hotter-than-expected January inflation data on the path forward for interest rates. The S&P 500 (^GSPC) finished just below the flatline, while the Dow Jones Industrial Average (^DJI) shed about 150 points, or 0.4%. The technology-heavy Nasdaq Composite (^IXIC) rose 0.6%. All three averages pared bigger losses from early in the session. Treasury yields rose, with the benchmark 10-year note climbing roughly 4 basis points to about 3.76%. The January Consumer Price Index (CPI) released by the Bureau of Labor Statistics Tuesday morning showed prices rose 0.5% in the first month of the year, and 6.4% on an annual basis, more than economists expected. Core CPI, which strips out
@JohnMitchell:$Alibaba(BABA)$ What a pivot…Alibaba StockSuddenly BecomesWall Street's 2023 Top! The pressure is on Investment firms, talking heads , journalists, stock brokers to justify their non investable recommendations for China. It will be fun watching CNBC as individuals double talk the investment of China. We are setting up for another bubble just like bitcoin, space and meme stocks. But no one knows how high it will go.