The $SPX just posted its best session since April (+2.35% to 7,549 points), and today it faces the most unusual CPI report of the year.
On Wall Street today:
- CPI without an annual rate (8:30 AM ET): due to the 2026 government shutdown, only monthly inflation will be released today (+0.3% expected), with a 78% probability of a Fed rate hike.
- Broad rebound without NVDA: the NDX jumped +3.40%, with 423 S&P 500 stocks in the green, despite $NVDA closing down -4.27% at $178.67.
- Neocloud test at the close: CoreWeave ( $CRWVB ) rose +5.45% to $48.98 ($50.17 after-hours) ahead of reporting today, while $RKLBB pulled back -6.6% after hours after jumping +10.9% during the session.
Will $CRWV's report at today's close confirm that spending on AI data centers remains intact? 📈
#CPITestsDecemberRateOutlook
On Wall Street today:
- CPI without an annual rate (8:30 AM ET): due to the 2026 government shutdown, only monthly inflation will be released today (+0.3% expected), with a 78% probability of a Fed rate hike.
- Broad rebound without NVDA: the NDX jumped +3.40%, with 423 S&P 500 stocks in the green, despite $NVDA closing down -4.27% at $178.67.
- Neocloud test at the close: CoreWeave ( $CRWVB ) rose +5.45% to $48.98 ($50.17 after-hours) ahead of reporting today, while $RKLBB pulled back -6.6% after hours after jumping +10.9% during the session.
Will $CRWV's report at today's close confirm that spending on AI data centers remains intact? 📈
#CPITestsDecemberRateOutlook
