The Surprise That Could Smack the Nasdaq This Week
The high-growth stocks that play such a prominent part in Nasdaq Composite (NASDAQINDEX: ^IXIC) have been on fire lately. Despite a pullback in the past week, the Nasdaq remains near its record highs, and the index is poised to claw back some of its lost ground Monday morning as futures are up about half a percent.
Nevertheless, the stock market does face some challenges, and one of the biggest ones could have an outsize impact on the Nasdaq in particular. This week, investors will find out about the latest readings on inflation at the consumer level. Based on what the numbers say, investors could find that their favorite Nasdaq stocks react violently if there's a surprise on the price front.
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Source Fool.com
