FTXL is trading at $234.61, up 2.40%, as August CPI matched expectations at 3.4% annually, reducing immediate concerns about additional Federal Reserve tightening.
- The relief is supporting long-duration growth and information-technology stocks; the Nasdaq Composite, S&P 500, and Dow Jones are all higher.
- Oracleβs strong cloud results provide additional technology-sector support.
- Elevated Treasury yields and oil above $100 remain risks.