Stocks Fall as Hot Inflation Spurs Treasury Yield Surge; Tech Giants Flash Buy Signals
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Stock market rally retreated as hot inflation report sent Treasury yields sharply higher; major indexes had modest losses.
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Microsoft and Google flashed buy signals, while Arista Networks, Ares Management, and HubSpot are setting up potential entries.
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Adobe and Ulta Beauty reported earnings after the close; Adobe fell on guidance below views.
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Tesla extended its breakdown while Nvidia found support at 10-day line; charts look quite different.
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Market breadth was weak with small caps hammered; rally may continue to bounce back until it doesn't.