2/11 Trade Talk: After Wednesday's Consumer Price Index Report, Traders Take Subdued Stance
Contracts on the tech-heavy Nasdaq were up .5% while 10 year treasury yields held below 1.15%. After a sharp run up in equities at the start of February, along with data on Wednesday that showed the core consumer price index was unchanged last month, traders now seem to be taking a more subdued stance. Whether or not more US stimulus, the vaccine rollout and the government determination to kickstart growth will cause the American economy to overheat, remains to be debated.
Tune in to see what's moving Thursday's market and where to trade to end up in green today.
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