The DOJ launched its antitrust suit against Magnificent 7 tech giant Apple (AAPL). While shares of the company fell, the remainder of the tech sector seemed relatively unscathed. Social media giant Reddit (RDDT) debuted on the New York Stock Exchange in the afternoon with shares of the company trading above its target price of $34 per share. The stock is currently trading at just under $50 per share during extended hours. Inflation risks remain noteworthy as Fed officials weighted Core Personal Consumption Expenditure (PCE) to the upside. Strong earnings could also spell trouble for the market going forward. Yahoo Finance Reporter Josh Schafer joins the Live show to break down Thursday's market takeaways. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Read more --->