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Global News Impacting Chinese Tech

Dow Jones Rallies; Tesla Faces Elon Musk Fear; AMC Stock Lags APE

News Snapshot:

The Dow Jones Industrial Average rallied after new inflation data. Meme stocks AMC Entertainment (AMC) and Bed Bath & Beyond (BBBY) were in comeback mode. Walt Disney (DIS) popped amid a possible proxy fight. X A number of promising stocks staged breakouts amid the encouraging action. Oil stocks Hess (HES) and Valaris (VAL) passed buy points, with Illinois Tool Works (ITW) also testing an entry. Stocks Whipsaw After Inflation Data, Jobs Update While the consumer price index fell faster than expected in December, core inflation — which strips out food and energy — only slowed in line with forecasts. Stubborn…

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