Premium Domain Names for Sale at CrocoDom.com
U.S. stocks closed mixed Wednesday following the release of government data that showed April consumer prices rose at the slowest annual pace in two years.
The S&P 500 (^GSPC) added 0.45%, while the Dow Jones Industrial Average (^DJI) slipped below the flatline. The technology-heavy Nasdaq Composite (^IXIC) gained 1%.
According to the latest data from the Bureau of Labor Statistics released Wednesday, the Consumer Price Index (CPI) rose 0.4% in April over last month and 4.9% annually. Prices in March rose 0.1% on a monthly basis and 5% from the prior year.
Economists had expected a monthly increase of 0.4% and an annual increase of 5%, according to data from Bloomberg.
The report could add to expectations that the Fed will pause its rate-hiking campaign at its next meeting in June. April's 4.9% annual increase is still significantly above the Federal Reserve's 2% target, though.
"Headline inflation is still too high, but it took over two years from the COVID shutdowns to reach its highs, so getting back to more normal levels won't be an overnight process," the team at Bespoke Investment Group wrote in a note. "The bottom line is that inflation is moving in the right direction, and quickly at that."
Analysts at JPMorgan said Wednesday they expect the market to refocus on "recent Fedspeak which remains hawkish despite the Fed’s data dependent approach." On Wednesday, New York Fed President John Williams noted that inflation remains "too high."
Investors are also weighing the recent debate over raising the US debt ceiling. President Joe Biden met with House Speaker Kevin McCarthy and other top congressional leaders to discuss the issue Tuesday. The conversation yielded little apparent progress, but both sides are scheduled to meet again on Friday.
Meanwhile, rate-sensitive two-year note yields fell to 3.9%, compared to the yield on the 10-year yield traded down to 3.43%. The dollar index weakened, while commodities like gold prices slumped.
Traders will be turning their eyes to Thursday’s producer prices report on deck next and Disney (DIS) posting results after the bell on Wednesday.
In single-stock moves, shares of Airbnb (ABNB) sank over 10% after the booking platform recorded its best quarter yet, but the company forecasted lower revenues in the next quarter.
Twilio Inc. (TWLO) shares tumbled more than 12% following the software company's forecast for sales of $980 million to $990 million in its fiscal second quarter, below analysts’ forecasts of $1.05 billion.
Shares of Rivian Automotive, Inc. (RIVN) rose after the EV maker reported a quarterly loss that was narrow for a year ago, while maintaining its production outlook of 50,000 vehicles for the year.
A Warren Buffett favorite, Occidental Petroleum, (OXY) said first-quarter earnings slipped from a year ago and adjusted profit missed analysts’ expectations as oil and gas sales declined due to reduced energy prices. The stock was down over 3%.
Meanwhile, Carl Icahn's Icahn Enterprises (IEP) said on Wednesday that the U.S. Attorney for the Southern District of New York requested information on a range of issues, including valuation and governance. The stock sank over 15%. Last week, short seller Hindenburg Research released a report accusing Icahn Enterprises of a “Ponzi-like” structure.
Upstart Holdings, Inc. (UPST) rallied over 30% Wednesday after the artificial intelligence lending platform announced an upbeat revenue outlook for its fiscal second quarter.
Dani Romero is a reporter for Yahoo Finance. Follow her on Twitter @daniromerotv
Click here for the latest stock market news and in-depth analysis, including events that move stocks
Read the latest financial and business news from Yahoo Finance
Download the Yahoo Finance app for Apple or Android
Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and YouTube
Premium Domain Names:
A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.
Top-Level Domain Names for Sale on Crocodom.com:
If you are looking for top-level domain names for sale, you can visit Crocodom.com. Crocodom.com is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.
Contact at firstname.lastname@example.org:
If you have any inquiries or need assistance regarding the domain names available on Crocodom.com, you can reach out to them via email at email@example.com. Feel free to contact them for any questions related to the domain names or the purchasing process.
Availability on Sedo.com, Dan.com, and Afternic.com:
Apart from Crocodom.com, you can also explore other platforms like Sedo.com, Dan.com, and Afternic.com for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.
#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading