CPI Report Set to Impact Major Indices and Top Stocks

The major indices and top stocks are preparing for the upcoming CPI report, which could have a significant impact on their trading. The SPDR S&P 500 ETF Trust (SPY) is expected to react strongly to the inflation data, with potential targets at $778.00, $784.00, and $790.00 if buyers defend $772.00.

The Invesco QQQ Trust Series 1 (QQQ) is also likely to be affected by the CPI report, with a possible move towards $730.00 or $737.00 if buyers hold at $723.00. However, a breakdown below $716.50 could expose $710.00.

Other notable stocks, including Apple Inc. (AAPL), Microsoft Corp. (MSFT), NVIDIA Corporation (NVDA), Alphabet Inc Class A (GOOGL), Meta Platforms Inc (META), and Tesla Inc. (TSLA), are also expected to react to the CPI report. Their trading ranges include $309.75 for AAPL, $507.50 for MSFT, $226.75 for NVDA, $352.25 for GOOGL, $609.75 for META, and $342.25 for TSLA.