Inflation Relief Rally: Stocks Surge, Macy's Soars

Stocks surge as inflation fears ease! The Fed's favorite inflation gauge showed stability, triggering a market rally led by companies like Macy's, which jumped over 5%. Macy's turnaround, driven by strategic store closures and positive sales growth, has investors excited, with shares nearing yearly highs. Is this the green light for continued market gains, fueled by AI and recovering retail giants? Hosted on Acast. See acast.com/privacy for more information.