US stocks rose even as consumer inflation soared to its highest level since 1981. Ticker Security Last change% I: DJI DOW JONES AVERAGES 34583.1 +275.02 + 0.80% SP500 S&P 500 4452.97 +40.44 + 0.92% I: COMP NASDAQ COMPOSITE INDEX. + 16975% +512571. The consumer price index rose 8.5% in March from a year earlier, according to a new Labor Department report released on Tuesday, the fastest rise since January 1982, when inflation reached 8.4%. The CPI – which measures a range of goods ranging from petrol and healthcare to groceries and rent – jumped 1.2% in the monthly period from January. WE HAVE A HEALTH SHOCK: BOFA Investors are plunging back into equities after Monday’s selloff that led to high-tech stocks. US stocks were volatile, moving between negative and positive territory early on Tuesday, April 12, 2022, as investors felt anxious about a new COVID-19 epidemic in China, the war in Ukraine and the Federal Reserve’s plans to tighten monetary policy. policy. (Courtney Crow / New York Stock Exchange via AP) In shares, Apple could increase its dividend by 10%, according to the Citi team, which also notes that it may approve a $ 90 billion repurchase of shares. Ticker Security Last change% AAPL APPLE INC. 165.75 -4.34 -2.55% Tesla remains in the spotlight as investors await Elon Musk’s next move as the company’s largest shareholder. Ticker Security Last change Change% TSLA TESLA INC. 975.93 -49.56 -4.83% ELON MASK REFUSES TO PARTICIPATE IN TWITTER’S BOARD OF DIRECTORS Watch out for chip makers after Nvidia recovered after Monday’s slump after Bank of America said sales were too high. Ticker Security Last change% NVDA NVIDIA CORP. 219.17 -12.02 -5.20% AMD ADVANCED MICRO DEVICES INC. 97.37 -3.63 -3.59% INTC INTEL CORP. 46.57 -0.45 -0.9% Shares of CarMax under pressure after retail sales fell more than 5% during the quarter, as the cost of a used vehicle increased by 40% at an average selling price of $ 8,300. Elsewhere, Beyond Meat has confirmed it will add 8,000 retailers to sell its plant-based chicken bids. Ticker Security Last change% BYND BEYOND MEAT INC. 43.96 +0.85 + 1.97% CVS CVS HEALTH CORP. Following their successful retail debut at Walmart and grocery chains Jewel-Osco, Safeway NorCal, Harris Teeter, Giant Food and ShopRite last year, Beyond Chicken Tenders is now available at select Albertsons, CVS, Market and Whole Food stores across the country and will be extended to all Kroger banners throughout April. LIQUIDITY EXPLANATION: WHAT YOU KNOW Ticker Security Last change% KMX CARMAX INC. 103.17 +0.95 + 0.93% Oil also moved higher, returning to $ 100 a barrel. Ticker Security Last change% USO UNITED STATES PETROLEUM FUND LP 72.30 -1.81 -2.44% BNO UNITED STS BRENT OIL FD LP UNIT 28.22 -0.99 -3.39% UGA UNITED POLITES -25 % LP. This could affect gas prices that have fallen in recent days, but remain above $ 4 per gallon in most of the country. In cryptocurrencies, Bitcoin fell below the $ 40,000 level. GET FOX BUSINESS IN ENGINE BY CLICKING HERE
