Analyst: The monthly CPI rate in April was lower than expected, and the market responded positively
Golden Ten Data reported on May 15 that analysts Steve Goldstein said that the market’s first reaction was positive-the stock market rose and bonds also rose. SP 500 futures rose 0.5% from flat, while the 10-year Treasury yield fell 11 basis points. Judging from the data, not only did the U.S. seasonally adjusted monthly CPI rate in April record 0.3%, lower than expected, but retail sales in April also did not grow.
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