S&P 500 Rises On CPI Despite Hawkish Fed; Booking, Fair Isaac, KB Home Moving | Stock Market Today

The S&P 500 and Nasdaq hit fresh record highs while small caps jumped, fueled by a tame CPI report before the open. Stocks largely held their gains despite a somewhat-hawkish Fed rate outlook, but then faded late in the session. Booking Holding broke out while Fair Isaac made a bullish move. KB Home soared initially, but slashed gains as Treasury yields pared losses.
Stock Market Today: June 12, 2024
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[@kevinlee6672]

Fed's not going to cut rate this year!!!

[@user-ll6kc4kn6o]

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