Shares of several companies in the broader communications, media & entertainment industry are trading higher as stocks gain following Thursday's CPI report. Lighter-than-expected inflation has led to hopes of softer Fed rate hikes, which could cause less of a negative impact on consumer spending.
$AMC
$AMCX
$ASTS
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Movies/Entertainment
Consumer Discretionary
Cable & Other Pay Television Services
Telecommunications
Shares of several companies in the broader communications, media & entertainment industry are trading higher as stocks gain following Thursday's CPI report. Lighter-than-expected inflation has led to hopes of softer Fed rate hikes, which could cause less of a negative impact on consumer spending.