"Market Shakeup: Magnificent Seven Stocks Slide as Oracle Dives and CPI Awaits"
Originally Published 2 years ago — by Investor's Business Daily
Dow Jones futures were little changed ahead of Tuesday's open as investors awaited the release of the Labor Department's CPI inflation report. The Magnificent Seven stocks, including Meta Platforms, Nvidia, and Tesla, experienced sharp losses. The Federal Reserve policy update and key earnings reports from companies like Adobe, Darden Restaurants, and Lennar are also in focus this week. Additionally, Oracle's stock plunged after missing sales estimates, while Apple and Microsoft traded lower.