The markets are experiencing a rebound following a positive inflation report, with the Nasdaq Composite and S&P 500 rising, largely due to strong performances from technology stocks like Nvidia and Tesla. February's Consumer Price Index (CPI) climbed by 0.2% to 2.8%, which exceeded expectations and eased tariff war concerns. Despite the Dow Jones Industrial Average declining, the tech sector, particularly Tesla and Nvidia, is leading the market's upward momentum. Additionally, Super Micro Computer and Micron Technology have emerged as strong performers, contributing to S&P 500 gains.
The markets are rebounding after a better-than-expected inflation report, with technology stocks like Tesla and Nvidia leading gains in the Nasdaq and S&P 500.
Tesla's stock has risen significantly, driven by a positive endorsement from President Trump and a commitment from Elon Musk to enhance U.S. EV production.
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