Stocks move higher at open, shaking off inflation fears

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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  • CNBC Television published this video item, entitled “Stocks move higher at open, shaking off inflation fears” – below is their description.

    “Candidly, I think there were a lot of people who held back, who wanted to see the hotter inflation number,” CNBC’s Jim Cramer said Thursday. “Now they’ve said, ‘OK, now that’s over with. Let’s do some buying.’ Because they’ve been on the sideline and they want to get in. I don’t think that’s actually usual these days because there’s still so much buying power out there. People want in.”

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