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Stock impact report

Funko, Opendoor, Purple, The Real Brokerage, and Peloton Stocks Trade Up, What You Need To Know [Yahoo! Finance]

Funko, Inc. - Class A (FNKO) 
Last funko, inc. - class a earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.funko.com/investor-relations
Company Research Source: Yahoo! Finance
A number of stocks jumped in the afternoon session after a cooler-than-expected inflation report fueled optimism for potential Federal Reserve rate cuts. The September Consumer Price Index (CPI) rose 3.0% year-over-year, coming in just below the 3.1% analysts had forecast. While still above the Federal Reserve's 2% target, investors interpreted the slight cooling as a sign that inflationary pressures may be easing, potentially giving the central bank room to consider interest rate cuts in the near future. Sectors that are typically sensitive to interest rates, such as real estate and utilities, saw a notable lift. Lower rates can reduce borrowing costs and increase the appeal of dividend-paying stocks, boosting investor confidence in these areas. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Toys and Electronics company Funko (NASDAQ:FNKO) jumped 3.3%. Is now Show less Read more
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