Stocks Rise as Investors Await Inflation Data and Fed Commentary

The Dow Jones Industrial Average rallied over 300 points after the release of cooler-than-expected inflation data, with the Consumer Price Index rising 0.2% in June, below the expected 0.3% increase. Netflix also saw a boost in its stock price after UBS raised its price target. Earnings season is set to kick off, with Delta Air Lines, Cintas, and Fastenal reporting on Thursday, followed by big banks like JPMorgan Chase, Citigroup, and Wells Fargo on Friday. Other notable stock market leaders include Tesla, Apple, Microsoft, Alphabet, and Meta Platforms.