Tech Stocks Set To Rise Thursday As January Inflation Data Fails To Scare Markets, Small Caps Surge...

Published on 29 Feb 2024 on Benzinga

Tech Stocks Set To Rise Thursday As January Inflation Data Fails To Scare Markets, Small Caps Surge...

Thursday’s premarket trading session saw substantial upward momentum propelled by major tech stocks, laying the groundwork for a promising session for U.S. equity indices.

This surge comes as the Fed’s preferred measure of inflation meets anticipated levels from last month, thereby failing to disrupt expectations of potential interest rate cuts in the first half of the year.

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