Palantir Push
Live Blog Update #2 Published
← Back to Full Coverage: Live Nasdaq Composite: Market Recovery Underway Amid Economic Tailwinds
President Trump has just posted about Palantir Technologies (Nasdaq: PLTR), saying, “Palantir Technologies has proven to have great war fighting capabilities and equipment.”
The stock is off 2% today.
The Nasdaq Composite is now up 0.67%.
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WTI Crude and Brent Crude are both trading higher today, inching closer to the $100-per-barrel level once again.
According to reports, the energy index rose by nearly 11% last month, its biggest increase in over 20 years.
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Inflation cooled slightly in March. The CPI index rose 3.3% year-over-year, nudging below the 3.4% estimate, while core CPI came in at 2.6%, also lower than forecasts.
The real story was at the pump. Gasoline prices surged 21.2% in March, driving overall energy costs up 10.9% on the month and marking the biggest monthly energy spike since 2005, a consequence of the Iran war’s grip on oil supply.
The silver lining: core inflation, which strips out food and energy, rose just 0.2% for a second straight month, less than the 0.3% forecast, suggesting the energy shock hasn’t fully spread in the economy.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
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