Inflation cooled slightly in January, but saw increases in some areas due to the impact of surging food, energy and shelter prices on consumers, the U.S Labor Department said Tuesday.
What Happened: The consumer price index increased 0.5% in January, with an annual gain of 6.4%.
Economists predicted respective increases of 0.5% and 6.2%.
The core CPI, which excludes volatile food and energy, rose 0.4% monthly and 5.6% from a year ago.
Following the report, markets were unsettled, with the broad market, as tracked by the S&P 500 ETF Trust SPY down 0.55% midday Tuesday.
Stocks React: These are the biggest mid and large cap movers, both gainers and losers, according to data from Benzinga Pro.
|
Company |
Ticker |
Exchange |
% +/- |
|
Endava PLC - ADR |
DAVA |
NYSE |
-16.27% |
|
Palantir Technologies Inc |
PLTR |
NYSE |
+13.27% |
|
Albany International Corp. |
AIN |
NYSE |
-9.73% |
|
Patria Investments Ltd |
PAX |
NASDAQ |
+9.97% |
|
Triton International Ltd |
TRTN |
NYSE |
-8.9% |
|
Monday.Com Ltd |
MNDY |
NASDAQ |
+8.32% |
|
WESCO International, Inc. |
WCC |
NYSE |
+8.08% |
|
IPG Photonics Corporation |
IPGP |
NASDAQ |
+7.49% |
|
Globalfoundries Inc |
GFC |
NASDAQ |
+7.27% |
|
Amylyx Pharmaceuticals Inc |
AMLX |
NASDAQ |
-6.61% |
|
Wayfair Inc |
W |
NYSE |
-6.59% |
|
Blackbaud Inc |
BKLB |
NASDAQ |
-6.28% |
|
Zai Lab Ltd - ADR |
ZLAB |
NASDAQ |
-6.24% |
|
Lattice Semiconductor Corp |
LSCC |
NASDAQ |
+6.05% |
|
Fluence Energy Inc |
FLNC |
NASDAQ |
-5.59% |
|
Roivant Sciences Ltd |
ROIV |
NASDAQ |
+5.42% |
|
Array Technologies Inc |
ARRY |
NASDAQ |
-5.33% |
|
TAL Education Group |
TAL |
NYSE |
+5.19% |
|
Lumen Technologies Inc |
LUMN |
NYSE |
-5.18% |
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