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10-year Treasury yield pulls back aggressively after core inflation is light in December
Investors reacted to the latest inflation data.
Markets are getting more comfortable again with the idea of a December rate cut
Traders a week ago had taken the possibility of a cut this month down to around a coin flip.
Chipmakers are finding that good earnings aren’t enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.