Inflation fears are dogging Wall Street at a time when the U.S. rebound is picking up speed.
Breaking down a short opportunity in the Nasdaq and its biggest component Apple.
The stock market continued to move lower on Wednesday, driven by a big increase in consumer prices that raised new fears of inflation. The U.S. consumer price index rose 0.8% in April, with higher gasoline prices playing a major role in the boost. Today, fuboTV (NYSE: FUBO) was a big winner after the connected television specialist reported a strong quarter of performance.