Sep. 11 at 11:04 PM
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U.S. stocks closed higher Friday, with the S&P 500 topping 7,600 as megacap technology overpowered another hot inflation print. Nine sectors finished green, led by technology and industrials.
Core CPI rose +0.3% versus +0.2% expected, pushing the odds of a rate hike next Wednesday to 90%. Brent finished above
$104 after Saudi Arabia shut a 7M-barrel-per-day pipeline, and U.S. diesel reached a record
$6.05 per gallon.
Stocktwits heat clustered around
$SLS,
$OKLO,
$GME,
$SMR, and
$GT. Traders bought the nuclear selloff, celebrated Ryan Cohen’s GameStop purchase, and turned a third-party Sellas trial model into an afternoon food fight.
Read tonight's Daily Rip:
https://thedailyrip.stocktwits.com/p/hot-cpi-hands-the-fed-a-hike
