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Stock Market Update Wednesday January 10, 2024

Stock Market Update Wednesday January 10, 2024 Stocks pushed higher today, anticipating tomorrow's December CPI print. The S&P 500 advanced by 0.6%, establishing another fresh high. Bonds remained under modest pressure, with 2- and 30-year yields settling at 4.37% and 4.2%, respectively, up one and two basis points on the session. WTI crude initially rose but later sold off, closing at $71.37 a barrel in ongoing see-saw price action. Gold ticked lower to $2,024 per ounce, and the VIX closed at 12.68


CPI Expectations Tomorrow, Buy the rumor sell the news?

BANK OF AMERICA 3.1% JP MORGAN 3.1% TD 3.1% RBC 3.2% VISA 3.2% WELLS FARGO 3.2% BMO 3.3% BARCLAYS 3.3% CIBC 3.3% GOLDMAN SACHS 3.3% HSBC 3.3% MORGAN STANLEY 3.3% SCOTIABANK 3.3% UBS 3.3% NOMURA 3.3% CITI 3.3% BNP PARIBAS 3.4% MEDIAN 3.2%


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