Stocks surged after a lower-than-expected inflation report raised hopes of a change in the Federal Reserve’s interest rate policy. The Consumer Price Index (CPI) showed a 3.0% increase, slightly below the 3.1% expected. This could lead to the Fed pausing or cutting rates, benefiting tech stocks sensitive to rate changes. Domo shares reacted to the news, showing 33 moves over 5% in the past year. The stock market rallied due to positive earnings, easing trade tensions, and potential rate cuts. Investors also welcomed progress on the government shutdown and trade tensions with China. Domo is up 89.3% YTD but still below its 52-week high.

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