Inflation Report Sparks Market Uncertainty.

1 min read
Source: Investor's Business Daily
Inflation Report Sparks Market Uncertainty.
Photo: Investor's Business Daily
TL;DR Summary

The stock market rally was mixed on Tuesday, with concerns about cloud-computing growth weighing on titans Amazon.com, Microsoft, and Google parent Alphabet. However, medical products and services looked strong, with Intuitive Surgical, Align Technology, and Zimmer Biomet all flashing buy signals, along with homebuilders D.R. Horton, Meritage Homes, Lennar, Tri Pointe Homes, and Pulte Group. The Labor Department will release the CPI inflation report at 8:30 a.m. ET, which is expected to show the consumer price index rising 0.3% in March, with the annual CPI inflation rate cooling to 5.2% from February's 6%.

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