If inflation surprises to the upside and doesn’t show signs of slowing significantly, it could raise the likelihood of another rate hike, notes Cooper Howard. He and Nathan Peterson discuss how stocks are climbing into the close. Nathan highlights that there was a convincing “bounce” off the 200-day simple moving average on the S&P 500. He mentions that higher geopolitical uncertainty can translate into tentative price action, and markets will still be focusing on PPI, CPI, and big bank earnings this week. They go over the takeaways from today’s market action. Tune in to find out more about the stock market today.