U.S. Stocks Rebound On Hopes of Inflation Peaking
- Barry Adams
- U.S.A. New York City
U.S. indexes gained after inflation rate in March rose 8.5% from a year ago and increased 1.2% in the month. Traders focused on core inflation rate slowing to 0.3% in the month but rose 6.5% in 12 months. Tech stocks led gainers with Microsoft, Qualcomm, Broadcom, and Nvidia gained more than 1%. Energy companies advanced following an uptick in crude oil prices. 10-year bond fell to 2.72%.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Tesla Inc | TSLA | -12% | 74% | 48% |
| Microsoft Corporation | MSFT | 1% | 12% | 54% |
| QUALCOMM Incorporated | QCOM | -3% | 9% | 19% |
| Broadcom Inc | AVGO | -1% | 108% | -80% |
| NVIDIA Corporation | NVDA | 4% | 172% | -72% |