DAPP is trading 2% up today as cooling June CPI data boosts risk appetite and sparks a recovery in growth and AI-related technology stocks.
- Lower-than-expected inflation figures have reduced Fed rate-hike expectations, helping high-growth sectors recover from recent valuation-driven weakness.
- Semiconductor and AI-exposed names are seeing a significant bounce as investors rotate back into the sector following the July 13 selloff and geopolitical-driven risk-off moves.
- The broader market strength reflects a shift in investor sentiment back toward high-growth technology and digital asset-related equities.