Investors received an early holiday gift Thursday as inflation came in well below expectations, boosting stocks and reviving optimism that the Federal Reserve may have more room to cut interest rates. The consumer price index rose 2.7% year over year in November, significantly under economists’ 3.1% forecast. Core inflation, which excludes food and energy, increased 2.6%, also below expectations. Inflation Markets React Positively Stocks rallied on the softer inflation data: $NASDAQ(.IXIC)$ : +1.4% $NVIDIA(NVDA)$ $Palantir Technologies Inc.(PLTR)$ $Micron Technology(MU)$ S&P 500: +0.8% Dow Jones Industrial Average: +6