Some questions now being raised about how much we might trust this print. Our Steve Leeman's looking into that. I'm seeing the Brucellis response this morning.Uh [laughter] dude, that was one flawed report. >> That's one of my bullet points here, Carl. And you guys were just talking about this stocks loving this cooler than expected inflation report.The bond market and economists highly skeptical with many saying changes to the data gathering process. They started gathering data midmon distorted the numbers ...

Bitcoin investors are bracing for “Witching Friday” tomorrow, December 18, when billions of options are due to expire—making for what could be a highly volatile roller-coaster ride at the end of the week for the markets. Most Read from Fast Company Some $23 billion in contracts are set to expire on Deribit, the largest Bitcoin exchange, according to Bloomberg. Here’s what to know. What is ‘Witching Friday’? “Witching Friday,” also known as “triple witching” or “the triple witching hour,” refers to the ...

After coming under considerable selling pressure over the course of the previous session, stocks showed a strong move back to the upside during trading on Thursday. The tech-heavy Nasdaq led the rebound by the major averages.The Nasdaq jumped 313.04 points or 1.4 percent to 23,006.36 and the S&P 500 advanced 53.33 points or 0.8 percent to 6,774.76, while the narrower Dow fluctuated before closing up 65.88 points or 0.1 percent at 47,951.85.The strength on Wall Street came following the release of a closely ...

Group 1 - The University of Louisiana System has formed a presidential search committee for the University of Louisiana at Lafayette to guide the search process following the resignation of President Joseph Savoie after 17 years [1] - The committee will include representatives from the UL Lafayette community and key stakeholders, with the first meeting scheduled for January 14 [1] Group 2 - President Donald Trump signed an executive order to expedite the rescheduling of marijuana from Schedule I to Schedule III, aiming to expand cannabis research [2] - The rescheduling process was initially started by former President Joe Biden but remained unresolved when Trump took office [2] Group 3 - U.S. stocks experienced a significant rise following a positive inflation report, which may influence the Federal Reserve's interest rate decisions next year [3] - Micron Technology's strong profit report contributed to a temporary halt in the decline of AI stocks, with the S&P 500 increasing by 0.9% and the Nasdaq composite leading with a 1.5% rise [3] - The Dow Jones Industrial Average rose by 124 points, or 0.3%, indicating overall market strength [3]

With the skepticism surrounding the inflation data, what should you do with your money. Do you go all in on stocks. Do you proceed with some more caution.Let's ask Rebecca Patterson, independent director at Vanguard and the former chief investment strategist at Bridgewwater. Great to see you first of all. >> Good to see you.>> Do do you I hate to put it quite this way. Do you care about the the vagaries of whether this report is reliable or not. Can you can you wait it out.Do you look to the market reaction ...

With the skepticism surrounding the inflation data, what should you do with your money. Do you go all in on stocks. Do you proceed with some more caution.Let's ask Rebecca Patterson, independent director at Vanguard and the former chief investment strategist at Bridgewwater. Great to see you first of all. >> Good to see you.>> Do do you I hate to put it quite this way. Do you care about the the vagaries of whether this report is reliable or not. Can you can you wait it out.Do you look to the market reaction ...

Stocks. Look at that. They are higher across the board.We had some cooler than expected inflation data, but there is growing skepticism over how reliable the CPI numbers may really be. Steve Leeman joining us now with more on this story, which is going to get some attention, Steve, because, you know, questioning the data is like a thing. >> It is, but not for political reasons, for methodological reasons.Brian, to use a very large television word, stocks, as you say, they're loving this much cooler than inf ...

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 was making a comeback Thursday following four straight sessions of declines. Technology rebounded from recent losses after Micron signaled that strong demand for its AI memory chips will continue. Micron shares surged more than 12%. However, the AI trade was not carrying Thursday's market. What was actually wo ...

U.S. tech ETFs rallied Thursday after a cooler-than-expected inflation figure dampened Treasury yields, while semiconductor shares were already moving upward in response to strong earnings reported by Micron Technology Inc (NASDAQ:MU) . • VanEck Semiconductor ETF shares are advancing steadily. Why are SMH shares climbing?The Consumer Price Index in November was lower than expected at 2.7% year-over-year, alleviating concerns of inflation resurgence. Additionally, the core inflation rate softened to 2.6%, wh ...

Core Viewpoint - The uncertain outlook for inflation and interest rates is expected to drive yields higher in the coming year, which will negatively impact bond prices [1] Group 1 - The potential increase in yields is attributed to the unpredictable nature of inflation and interest rate trends [1] - Higher yields could lead to a decrease in demand for bonds, as investors may seek better returns elsewhere [1] - The bond market may face significant challenges as these economic factors evolve [1]