CPI Impact on Midday Market: Key Movers Like Trump Media, GameStop, and Albemarle
Wednesday, 11 September 2024, 11:08
CPI Puts Pressure on Midday Market
The Consumer Price Index (CPI) weighs heavily on the midday market, affecting performance across major indices. The S&P 500 recorded a slight gain of 0.05%, while the tech-heavy Nasdaq Composite showed a robust rise of 0.85%. In contrast, the Dow Jones Industrial Average experienced a decline of 0.45%, and the Russell 2000 Index fell by 0.18%.
Key Movers: Trump Media, GameStop, and Albemarle
Among the moving stocks, Trump Media, GameStop, and Albemarle are notable players today.
- Trump Media: Trending upward amidst political news.
- GameStop: Surging on retail momentum.
- Albemarle: Reacting to lithium price fluctuations.
For further analysis, stay tuned to observe how CPI will continue to shape market trends.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.