Market Surge
The S&P 500 soared 1.7% as investors reacted positively to cooler-than-expected inflation data, fueling optimism across the market.
Traders Eye Rate Cuts
The unexpected inflation dip has traders betting on a jumbo rate cut by the Federal Reserve, further boosting market sentiment.
Technical Analysis & Strategy
With this surge, the S&P 500 is approaching key resistance levels. Investors might consider taking profits or setting tight stop-losses to protect gains.
