Nasdaq Fades Off Highs After Mixed CPI Data; Airbnb, CDNS, IR In Focus

The 10-year Treasury yield reversed lower after hitting a high of 4.34%. Oil and gas, airline and solar stocks lagged. Airbnb halted a four-session win streak, but continues to hold above key support levels. Cadence Design Systems outperformed, but Ingersoll Rand flashed a sell signal. Learn more about your ad choices. Visit megaphone.fm/adchoices