Stocks Rally After CPI Inflation Data
Key earnings movers include Alibaba, Disney, Trade Desk and Yeti.
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Consumer prices in July met estimates, rising 0.2% on the month, with an annual increase of 3.2%, which came in cooler than the 3.3% estimate. Core prices, excluding food and energy, moved up 0.2% in July, with a 4.8% annual jump, both inline with estimates.
