With so much to cover in tonight's TheoTrade video update, we pinpoint first the earnings in major retail stocks including a big surprise higher in Wal-Mart (WMT) with other stocks reporting earnings tomorrow. We also discuss the impact of the pre-market PPI Data - like the prior CPI data - showing inflation cooling which sent stocks surging again. But it was a surprise headline from Europe that was a sudden catalyst to reverse these gains while sending Oil /CL surging higher today...
Inflation, Headline News, and Earnings Rock Markets Today
