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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Nasdaq Leads as Magnificent 7 Stocks Rise

Closeup of blue stock chart with blue bars and orange and green moving averages.

Stocks were volatile Thursday as investors took in more inflation data and considered how it could impact the Federal Reserve's plans for interest rates. Wall Street also looked ahead to first-quarter earnings season, which unofficially kicks off tomorrow as several big banks report.  

Following Wednesday's hotter-than-expected March Consumer Price Index (CPI) – which sent stocks into a tailspin – investors cheered some encouraging aspects of this morning's Producer Price Index (PPI). 

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