U.S. inflation data test market bets on future Fed easing

A more dovish bet on the Fed has boosted technology and growth stocks, which discount future profits lower when rates fall. Standard & Poor’s 52 The tech sector has soared 6.7% since March 8, more than double the overall index’s gain over the same period. Economists polled by Reuters expect March data, due in April , showing that the consumer price index rose 5.2% year-on-year, down from 6% in the previous month.