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Market Impact: 0.35

Dow rises 140 points as softer inflation, BlackRock, Paypal lift US stocks

InflationCorporate EarningsTechnology & Innovation
Dow rises 140 points as softer inflation, BlackRock, Paypal lift US stocks

US stocks opened higher after investors digested another softer-than-expected inflation print and a fresh round of corporate earnings. Despite broadly supportive sentiment, chip stocks declined even as ASML delivered upbeat guidance, suggesting a more mixed read-through for the semiconductor complex.

Analysis

US stocks opened higher after investors digested another softer-than-expected inflation print and a fresh round of corporate earnings. Despite broadly supportive sentiment, chip stocks declined even as ASML delivered upbeat guidance, suggesting a more mixed read-through for the semiconductor complex.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15