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Stocks Soar On Tame Consumer Prices; LEN, AZEK, AVGO In Focus | Stock Market Today

Weaker-than-expected retail sales and a palatable reading on consumer prices fueled a fresh round of buying. The 10-year Treasury yield and U.S. dollar fell sharply. Breadth wasn’t great on the Nasdaq at less than 2-to-1 positive. Winners beat losers on the NYSE by just over 2-to-1. Lennar rallied with other homebuilders, while Azek moved bullishly above its 50-day line. Broadcom rose to the top of an 11-week consolidation. Stock Market Today: May 15, 2024 Hosts: Alissa Coram & Ken Shreve Get more IBD by subscribing to our channel: https://bit.ly/3OqppAs Visit our website: https://www.investors.com Like us on Facebook:   / investorsbusinessdaily   Follow us on Twitter:   / ibdinvestors   Follow us on Instagram:   / investorsbusinessdaily   Follow us on StockTwits: https://stocktwits.com/InvestorsBusin... Follow us on LinkedIn:   / investors-business-daily   Follow us on TikTok:   / ibdinvestors   Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. #StockMarketToday #InvestorsBusinessDaily #IBD © 2024 Investor’s Business Daily, LLC. All Rights Reserved. This information is provided “as is” for educational and informational purposes only and is not intended to serve as investment advice or for trading purposes. This information is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been authored from sources believed to be reliable, but no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Presenters may own the stocks or other investment vehicles they discuss. You should not treat any opinion expressed as an inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. The information and content are subject to change without notice. Past performance is not indicative of future results. This material does not take into account your particular investment objectives, financial situation, or needs, and is not intended as recommendations appropriate for any individual circumstances. You must make an independent decision regarding any investment suggestions covered by the material. Before acting on any investment suggestions from the material, you should consider whether it is suitable for your particular circumstances and consider seeking advice from your own adviser. Investor’s Business Daily makes no representations or warranties, and expressly disclaims any responsibility or liability, with respect to any errors or omissions in, or the accuracy, reliability, timeliness or completeness of, any information that appears in the videos, including in closed caption, which such closed caption is being provided solely for the convenience of our viewers and should not be relied upon as an accurate or complete record of the program.