HOOD Stock Prediction Ahead of US PPI: Will Inflation Data Trigger a Rally?

HOOD stock traded at $114.89 on Thursday, approaching $115 before today’s key United States inflation report. The Producer Price Index is scheduled for release at 8:30 a.m., potentially shaping broader market direction. In the meantime, cryptocurrency markets dropped 2% in 24 hours, with total capitalization decreasing to 2.66 trillion. Bitcoin price was the most macro-influenced,