Stock Market Soars On Lower Inflation Rate, Led By Nasdaq, Consumer Discretionary, Tech Stocks

Stock Market Soars On Lower Inflation Rate, Led By Nasdaq, Consumer Discretionary, Tech Stocks

Business
November 10, 2022 by keithhill530
240
[ad_1] The stock market soared Thursday, led by the Nasdaq, after inflation came in at a lower-than-expected annual rate of 7.7%. Consumer discretionary and technology stocks led the charge. Amazon (AMZN), up more than 8%, and Apple (AAPL), up 5%, were among the blue chip stocks that shot up. X The Nasdaq composite jumped 5.7%.