April 2025 Inflation Report: CPI Cools to 2.3%, Nasdaq 100 Hits 10-Week High | SOXX ETF Surges The April CPI inflation report came in cooler than expected at 2.3%, sparking a strong Wall Street rally. The Nasdaq 100 climbed to a 10-week high while the SOXX semiconductor ETF jumped 7.2% following optimism over U.S.–China trade progress. Investors now question: Will the Fed cut rates this summer? Check out benzinga.com for complete coverage along with all the latest financial news and data! Follow us on socials: Instagram: instagram.com/benzinga Facebook: facebook.com/benzinga TikTok: tiktok.com/@benzinga X: x.com/benzinga Disclaimer: Trading in financial markets involves significant risk, and there is no guarantee of profit. The information provided by any financial product or service is for educational purposes and should not be considered as financial advice. Before making any investment decisions, it's important to conduct thoro...