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Dec 19, 2025 12:20 PM

Markets Bounce, CPI Cools, And Nike Earnings Stumble

Stocks rallied yesterday as softer inflation data hit the tape, but Nike's latest report raises fresh questions about global demand.

Markets Bounce Yesterday

Markets bounced strongly yesterday as broad indices regained key technical ground following recent pressure. The SPY climbed about 0.76%, while the QQQ was up 1.46% with cyclical and tech sectors leading the rebound… signaling buyers stepped in at support after oversold conditions.

Tech and high-momentum ETFs lagged modestly, but the overall move showed a rotation into value and yield-sensitive areas as traders interpreted softer inflation data as supportive for easing monetary policy.

CPI Report Comes in Cool

The November CPI headline came ...