Markets Fight Back from Deep Selloff; APP Kills in Q4

Wednesday, February 12, 2025Market indexes fought back courageously today, after sinking an hour before the opening bell on hotter-than-expected Consumer Price Index (CPI) numbers. Although it demonstrates a stronger economy than most analysts had predicted we’d be in by this time, higher CPI is an inflationary metric — not good for interest rates nor the price of eggs coming down.The Dow, which had been down more than -400 points to start the trading session, finished down -225 points. The S&P 500 closed - ...