Stock Market Today: Markets Rise Ahead of CPI; Activision, Amazon Stocks Outperform

A federal judge said Microsoft can proceed with its purchase of Activision Blizzard, while was added to Wells Fargo's "signature picks" list.

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(Image credit: Getty Images)

Stocks closed higher Tuesday as investors prepared for the latest inflation update and the start of second-quarter earnings season. 

But while price action across the major indexes was relatively muted, Activision Blizzard (ATVI) climbed the charts after Microsoft's (MSFT) proposed acquisition of the video game maker cleared a major regulatory hurdle.  

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.