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Originally Posted by NobodyHere
Hopefully a good day in the market today.
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Alright, let's try it again and hope the markets can sustain the pop
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March producer prices index declined by 0.5% month over month, vs. expectations for the data to be flat. Excluding food and energy, the core PPI reading shed 0.1% month over month, much better than the 0.2% increase expected by economists.
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EDIT: so far a great day for Big Tech MAGA stocks (Apple, Google, Amazon, Meta) up 2.3+% vs 1.3% for Nasdaq.