Better-Than-Expected CPI Report Won't Change The Fed's Trajectory

I expect a 50 BPS hike and signals the Fed will tighten the policy more, says Cooper Howard. He and Jeffrey Kleintop give an overview of today's market performance. Cooper notes that he doesn't believe today's better-than-expected CPI report will change the Fed's trajectory. They go over some of today's S&P 500 winners including Moderna (MRNA), Halliburton (HAL), and Match Group (MTCH), and some losers including United Airlines (UAL), American Airlines (AAL), and Tesla (TSLA). Tune in to find out more about the stock market today.