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Dow Jones Surges 550 Points as Steady Inflation Fuels Wall Street Rally

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • U.S.
  • stocks advanced as August inflation held steady at 3.4%, meeting expectations and pushing the Dow Jones up over 550 points.
  • Meanwhile, semiconductor stocks Skyworks and Qorvo surged amid merger optimism, alongside notable earnings-driven rallies in mid-cap equities.
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