The NASDAQ opened higher today as data released eased concerns about inflation. Investors are breathing a sigh of relief as recent data showed a slower pace of price increases, calming fears of rising interest rates. This positive news has boosted confidence in the stock market, leading to a strong opening for the NASDAQ.
Overall, the market sentiment is positive and traders are keeping a close eye on any further developments in the inflation story. With the NASDAQ starting off on a high note, it will be interesting to see if this trend continues throughout the day and week. Stay tuned for further updates from the stock market.”