S&P 500 Hits Record High as Cool PPI Data Eases Fed Rate Fears

The Story

News Summary

Cool PPI data followed cool CPI, reducing odds of a September Fed rate hike to ~35%.
S&P 500 hit a new all-time high, up 0.65%, boosted by soft inflation readings and dovish Fed expectations.

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7656.98 +14.20% over the displayed period

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